Piper Jaffray Reiterates a Buy Rating on Range Resources Corp (RRC)


Piper Jaffray analyst Kashy Harrison reiterated a Buy rating on Range Resources Corp (NYSE: RRC) on August 27 and set a price target of $26. The company’s shares closed yesterday at $16.57.

According to TipRanks.com, Harrison is a 3-star analyst with an average return of 4.1% and a 50.0% success rate. Harrison covers the Basic Materials sector, focusing on stocks such as Wildhorse Resource Development Corp, Sanchez Energy Corporation, and Continental Resources.

Currently, the analyst consensus on Range Resources Corp is a Moderate Buy with an average price target of $20.

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The company has a one-year high of $20.65 and a one-year low of $11.93. Currently, Range Resources Corp has an average volume of 6.54M.

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Range Resources Corp. engages in the exploration, development, and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company was founded in 1976 and is headquartered in Fort Worth, TX.

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