The rating was maintained by Northland Capital with "Buy" on Monday, August 21. Stifel Nicolaus has "Buy" rating and $46.0 target.
RSPP has been the topic of several research reports. The firm earned "Buy" rating on Monday, May 15 by RBC Capital Markets. The stock has a consensus rating of "Buy" and an average target price of $47.30. Barclays Capital maintained it with "Overweight" rating and $45 target in Wednesday, October 11 report. Da Davidson stated it has 0% of its portfolio in RSP Permian Inc (NYSE:RSPP). ValuEngine downgraded shares of RSP Permian from a "hold" rating to a "sell" rating in a research note on Friday, September 1st. Leap Therapeutics Inc (LPTX) has $49.70M valuation. Out of 10 Wall Street analysts rating RSP Permian, 10 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". The company presently has a consensus rating of "Buy" and a consensus target price of $47.30. About shares traded. RSP Permian Inc (NYSE:RSPP) has risen 25.82% since October 17, 2016 and is uptrending. The company has a market capitalization of $5.39 billion, a PE ratio of 62.73 and a beta of 2.17. The company has a 50-day moving average price of $32.55 and a 200-day moving average price of $34.73. Their 52-Week High and Low are noted here. 2,500 RSP Permian Inc (NYSE:RSPP) shares with value of $93,175 were bought by HUSEMAN KENNETH V. Mutrie James E. sold $429,880 worth of stock. Over the last six months, RSP Permian, Inc.'s stock has been -12.30% and -19.43% for the year. Revenue during the quarter was $183.1 million, representing 122% growth from $82.46 million in year-ago quarter. During the same quarter in the previous year, the firm earned ($0.04) earnings per share. RSP Permian's revenue for the quarter was up 124.7% on a year-over-year basis. Price T Rowe Associate Md reported 0.01% of its portfolio in RSP Permian Inc (NYSE:RSPP). Cibc World has 0% invested in RSP Permian Inc (NYSE:RSPP) for 28,845 shares. "(RSPP) PT Set at $43.00 by Stifel Nicolaus" was originally reported by Week Herald and is the property of of Week Herald. If you are accessing this piece on another website, it was illegally copied and republished in violation of worldwide copyright & trademark laws. FBR Capital initiated RSP Permian Inc (NYSE:RSPP) on Tuesday, September 13 with "Outperform" rating. On average, equities research analysts anticipate that RSP Permian, Inc. will post $0.74 EPS for the current fiscal year. The stock was sold at an average price of $34.78, for a total transaction of $730,380.00. The transaction was disclosed in a filing with the SEC, which is available through this link. The stock was sold at an average price of $32.75, for a total value of $1,375,500.00. Vanguard Group Inc. now owns 9,963,201 shares of the oil and natural gas company's stock valued at $321,513,000 after acquiring an additional 1,054,281 shares in the last quarter. The disclosure for this purchase can be found here.
A number of institutional investors have recently modified their holdings of RSPP. Comerica Bank increased its stake in RSP Permian by 8.8% during the 1st quarter. Comerica Bank now owns 11,117 shares of the oil and natural gas company's stock valued at $422,000 after purchasing an additional 902 shares in the last quarter. Invesco Limited has 0.01% invested in RSP Permian Inc (NYSE:RSPP) for 938,170 shares. UBS Asset Management Americas Inc. now owns 72,919 shares of the oil and natural gas company's stock worth $3,021,000 after acquiring an additional 5,158 shares during the period. Two Creeks Capital Management Lp, a New York-based fund reported 2.23 million shares. The legal version of this report can be accessed at https://stocknewstimes.com/2017/10/17/ted-collins-jr-sells-21000-shares-of-rsp-permian-inc-rspp-stock.html. BlackRock Inc. now owns 7,398,913 shares of the oil and natural gas company's stock valued at $306,537,000 after acquiring an additional 7,351,042 shares in the last quarter. Boston Partners grew its stake in shares of RSP Permian by 10.3% in the second quarter. Boston Partners now owns 7,291,558 shares of the oil and natural gas company's stock valued at $235,299,000 after acquiring an additional 681,747 shares during the last quarter. Institutional investors and hedge funds own 86.57% of the company's stock.
Brokerage firm analysts are predicting that RSP Permian, Inc. The Firm is engaged in the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas.