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RSPP

RSP Permian

$42.20

0.45 (1.08%)

08:14
10/17/16
10/17
08:14
10/17/16
08:14

RSP Permian price target raised to $51 from $44 at Wunderlich

Wunderlich analyst Irene Haas raised her price target for RSP Permian to $51 following the company's $2.4B Silver Hill acquisition. The analyst expects the company will "hit the ground running" in the Delaware Basin and points out the deal is immediately accretive to net asset value. Haas keeps a Buy rating on RSP.

RSPP RSP Permian
$42.20

0.45 (1.08%)

09/13/16
FBRC
09/13/16
INITIATION
Target $55
FBRC
Outperform
RSP Permian initiated with an Outperform at FBR Capital
FBR Capital analyst Joseph Allman started RSP Permian with an Outperform rating and $55 price target.
10/17/16
RBCM
10/17/16
NO CHANGE
RBCM
RSP Permian acquisition 'transofrmational, accretive,' says RBC Capital
RBC Capital analyst Scott Hanold believes that RSP Permian's acquisition of Silver Hill "is transformational but more importantly accretive." Hanold says that the deal immediately improves RSP's position in the Permian, while providing it with "a large depth of inventory with attractive economic potential." He thinks that the deal is 5% accretive to the company's 2017 EPS and raised his price target on the shares to $48 from $46 while keeping an Outperform rating on the name.
10/17/16
ADAM
10/17/16
NO CHANGE
Target $50
ADAM
Buy
RSP Permian price target raised to $50 from $42 at Canaccord
Canaccord analyst Sam Burwell raised his price target on RSP Permian to $50 from $42 following its recent acquisition of acreage in Delaware. The analyst feels the deal is accretive even based on conservative assumptions and that its capital efficiency metrics will improve following the deal. Burwell reiterated his Buy rating on RSP Permian shares.
10/17/16
SPHN
10/17/16
UPGRADE
SPHN
Overweight
RSP Permian upgraded to Overweight from Equal Weight at Stephens

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