Rice Energy Coverage Initiated at Barclays (RICE)
Stock analysts at Barclays assumed coverage on shares of Rice Energy (NASDAQ:RICE) in a report issued on Tuesday, Analyst Ratings Net reports. The firm set an “overweight” rating and a $28.00 price target on the stock. Barclays’ price target points to a potential upside of 17.25% from the stock’s previous close. The analysts noted that the move was a valuation call.
Separately, 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. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $29.00.
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