Riley Exploration Permian (NYSE:REPX – Get Rating) had its target price boosted by analysts at Truist Financial from $39.00 to $43.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price objective indicates a potential upside of 27.07% from the company’s current price.
Separately, Roth Capital restated a “buy” rating on shares of Riley Exploration Permian in a research report on Thursday, March 2nd.
Riley Exploration Permian Price Performance
NYSE REPX opened at $33.84 on Tuesday. The company has a 50-day moving average price of $31.72 and a two-hundred day moving average price of $28.43. Riley Exploration Permian has a 52 week low of $15.91 and a 52 week high of $36.49. The stock has a market cap of $672.40 million, a price-to-earnings ratio of 5.91 and a beta of 1.32. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.24.
Institutional Investors Weigh In On Riley Exploration Permian
Riley Exploration Permian Company Profile
Riley Exploration Permian, Inc is an independent oil and natural gas company. The firm is focused on the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. Its activities also include the horizontal development of the San Andres formation, a shelf margin deposit on the Northwest Shelf of the Permian Basin.
- Get a free copy of the StockNews.com research report on Riley Exploration Permian (REPX)
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