Published On: Wed, Oct 19th, 2016

Broker Changes For Memorial Resource Development Corp. (NASDAQ:MRD)


Recently stock market analysts have updated their consensus ratings on shares of Memorial Resource Development Corp. (NASDAQ:MRD).

Most recent broker ratings

07/29/2016 – Memorial Resource Development Corp. was downgraded to “market perform” by analysts at BMO Capital Markets. They now have a USD 17 price target on the stock.

05/25/2016 – Memorial Resource Development Corp. was upgraded to “hold” by analysts at Johnson Rice.

05/20/2016 – Memorial Resource Development Corp. was downgraded to “hold” by analysts at KLR Group. They now have a USD 15.75 price target on the stock.

05/17/2016 – Memorial Resource Development Corp. was downgraded to “market perform” by analysts at Raymond James.

05/17/2016 – Memorial Resource Development Corp. was downgraded to “hold” by analysts at Wunderlich. They now have a USD 16 price target on the stock.

04/15/2016 – Ladenburg Thalmann began new coverage on Memorial Resource Development Corp. giving the company a “buy” rating. They now have a USD 17 price target on the stock.

03/30/2016 – Memorial Resource Development Corp. was downgraded to “neutral” by analysts at Seaport Global Securities. They now have a USD 11 price target on the stock.

02/29/2016 – Memorial Resource Development Corp. had its “buy” rating reiterated by analysts at SunTrust. They now have a USD 12 price target on the stock.

02/25/2016 – Memorial Resource Development Corp. had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 15 price target on the stock.

02/17/2016 – Memorial Resource Development Corp. had its “sector perform” rating reiterated by analysts at Iberia Capital.

02/09/2016 – Memorial Resource Development Corp. was downgraded to “neutral” by analysts at JP Morgan. They now have a USD 13 price target on the stock.

02/03/2016 – Memorial Resource Development Corp. had its “neutral” rating reiterated by analysts at Goldman Sachs.

01/05/2016 – Memorial Resource Development Corp. had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 20 price target on the stock.

12/18/2015 – Memorial Resource Development Corp. had its “overweight” rating reiterated by analysts at Capital One.

11/13/2015 – Memorial Resource Development Corp. was downgraded to “outperform” by analysts at Scotiabank. They now have a USD 30 price target on the stock.

Memorial Resource Development Corp. has a 50 day moving average of 14.99 and a 200 day moving average of 13.86.It has a 52-week low of 8.30 and a 52-week high of 20.25.

The share price of the company (NASDAQ:MRD) was up +0.00% during the last trading session, with a high of 0.00 and the volume of Memorial Resource Development Corp. shares traded was 0.

Range Resources-Louisiana, Inc., formerly Memorial Resource Development Corp, is an independent natural gas and oil company focused on the acquisition, exploration and development of natural gas and oil properties with substantially all of its activities in the Terryville Complex of North Louisiana. The Company’s segments include MRD and Memorial Production Partners LP (MEMP). The MRD Segment is focused on the acquisition, exploration, and development of natural gas and oil properties primarily in the Cotton Valley formation in North Louisiana. The MEMP Segment is engaged in the acquisition, exploitation, development and production of oil and natural gas properties, with assets consisting primarily of producing oil and natural gas properties that are located in Texas, Louisiana, Colorado, Wyoming and offshore Southern California. The MEMP segment reflects the combined operations of MEMP and its subsidiaries.