This is what analysts have to say about Range Resources-Louisiana Inc (NASDAQ:MRD) after last week.

June 20, 2017 - By Michael Collier

 This is what analysts have to say about Range Resources Louisiana Inc (NASDAQ:MRD) after last week.

Range Resources-Louisiana Inc (NASDAQ:MRD) Ratings Coverage

Among 13 analysts covering Memorial Resource Development Corp. (NASDAQ:MRD), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Memorial Resource Development Corp. had 30 analyst reports since August 14, 2015 according to SRatingsIntel. Raymond James upgraded the stock to “Strong Buy” rating in Thursday, February 25 report. BMO Capital Markets downgraded the shares of MRD in report on Friday, July 29 to “Market Perform” rating. As per Friday, May 20, the company rating was downgraded by KLR Group. The rating was downgraded by Seaport Global to “Neutral” on Wednesday, March 30. RBC Capital Markets maintained Range Resources-Louisiana Inc (NASDAQ:MRD) on Thursday, February 25 with “Outperform” rating. JP Morgan maintained Range Resources-Louisiana Inc (NASDAQ:MRD) rating on Tuesday, March 15. JP Morgan has “Neutral” rating and $11 target. Wunderlich maintained Range Resources-Louisiana Inc (NASDAQ:MRD) rating on Tuesday, September 22. Wunderlich has “Buy” rating and $34.0 target. On Thursday, February 4 the stock rating was maintained by RBC Capital Markets with “Outperform”. Ladenburg Thalmann initiated Range Resources-Louisiana Inc (NASDAQ:MRD) on Friday, April 15 with “Buy” rating. The rating was maintained by RBC Capital Markets on Tuesday, September 22 with “Outperform”. Below is a list of Range Resources-Louisiana Inc (NASDAQ:MRD) latest ratings and price target changes.

It is down 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Range Resources-Louisiana, Inc., formerly Memorial Resource Development Corp, is an independent natural gas and oil firm focused on the acquisition, exploration and development of natural gas and oil properties with substantially all of its activities in the Terryville Complex of North Louisiana. The company has market cap of $3.04 billion. The Company’s divisions include MRD and Memorial Production Partners LP . It has a 63.49 P/E ratio. The MRD Segment is focused on the acquisition, exploration, and development of natural gas and oil properties primarily in the Cotton Valley formation in North Louisiana.

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