Resolute Energy Corporation (REN) Forms Bullish Multiple Top Chart Pattern at $33.45

June 27, 2018 - By Alex Paulin

Resolute Energy Corporation (REN) formed a multiple top chart setup with $36.13 target. That’s 8.00 % above today’s $33.45 price per share. Finviz.com posted the multiple tops chart setup on Jun, 27. At $36.13 target, the company’s valuation could be $60.90 million more.

REN is touching $33.45 during the last trading session, after increased 1.43%.Resolute Energy Corporation has volume of 42,562 shares. Since June 27, 2017 REN has declined 14.53% and is downtrending. REN underperformed the S&P 500 by 27.10%.

Earnings report for Resolute Energy Corporation (NYSE:REN) is anticipated on August, 6., according to Zacks. Analysts forecast $0.31 EPS, which is $0.16 down or 34.04 % from 2017’s $0.47 EPS. This could hit $7.06M profit for REN assuming the current $0.31 EPS will become reality. Wall Street predicts 121.43 % EPS growth as of August, 6.

Resolute Energy Corporation (NYSE:REN) Ratings Coverage

In total 6 analysts cover Resolute Energy Corp (NYSE:REN). “Buy” rating has 1, “Sell” are 0, while 5 are “Hold”. (NYSE:REN) has 17% bullish analysts. With $45.0 highest and $39 lowest target price, Resolute Energy Corp has $41 average target price or 22.57% above the current ($33.45) price. 6 are the (NYSE:REN)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Wednesday, March 14 Northland Capital maintained Resolute Energy Corporation (NYSE:REN) rating. Northland Capital has “Buy” rating and $45.0 target. On Tuesday, April 3 the firm earned “Hold” rating by Seaport Global. On Monday, February 5 the company was initiated by FBR Capital. On Monday, April 16 the company was downgraded by SunTrust. On Thursday, April 12 Goldman Sachs downgraded Resolute Energy Corporation (NYSE:REN) to “Neutral” rating.

Another two news for Resolute Energy Corporation (NYSE:REN) were recently posted by: Gurufocus.com on June 05, 2018 with title “Resolute Energy Corp (REN) CEO Richard F Betz Bought $101500 of Shares”. The other Seekingalpha.com‘s article was titled “Hedge fund discloses stake in Resolute Energy, wants strategic alternatives” and posted on June 14, 2018.

Resolute Energy Corporation (NYSE:REN) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.