Northland Securities Thinks Rosehill Resources Inc’s Stock is Going to Recover


Northland Securities analyst Jeff Grampp reiterated a Buy rating on Rosehill Resources Inc (ROSE) today and set a price target of $7. The company’s shares closed yesterday at $2.30, close to its 52-week low of $1.95.

According to TipRanks.com, Grampp has 0 stars on 0-5 star ranking scale with an average return of -16.0% and a 21.6% success rate. Grampp covers the Basic Materials sector, focusing on stocks such as Penn Virginia Corporation, Sundance Energy Australia, and SilverBow Resources Inc.

Currently, the analyst consensus on Rosehill Resources Inc is a Moderate Buy with an average price target of $7.

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The company has a one-year high of $8.97 and a one-year low of $1.95. Currently, Rosehill Resources Inc has an average volume of 68.34K.

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Rosehill Resources, Inc. engages in the production of oil and natural gas. It focuses on the acquisition, exploration, and development of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. The company was founded on September 21, 2015 and is headquartered in Houston, TX.

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