Goldman Sachs Initiates Coverage on Rice Energy (RICE)
Equities research analysts at Goldman Sachs assumed coverage on shares of Rice Energy (NASDAQ:RICE) in a research note issued to investors on Tuesday, American Banking and Market News reports. The firm set a “neutral” rating and a $27.00 price target on the stock. Goldman Sachs’ target price would indicate a potential upside of 13.07% from the stock’s previous close.
A number of other analysts have also recently weighed in on RICE. Analysts at Barclays initiated coverage on shares of Rice Energy in a research note on Tuesday. They set an “overweight” rating and a $28.00 price target on the stock. Analysts at Clarkson Capital initiated coverage on shares of Rice Energy in a research note on Friday, January 24th. They set an “outperform” rating on the stock.
Shares of Rice Energy (NASDAQ:RICE) opened at 23.88 on Tuesday. Rice Energy has a 52 week low of $20.78 and a 52 week high of $24.75. The stock has a 50-day moving average of $23. and a 200-day moving average of $23..
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