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RBC Capital Remains a Buy on Range Resources Corp


In a report issued on July 9, Scott Hanold from RBC Capital reiterated a Buy rating on Range Resources Corp (NYSE: RRC), with a price target of $20. The company’s shares closed yesterday at $16.40.

According to TipRanks.com, Hanold is a 4-star analyst with an average return of 4.2% and a 49.3% success rate. Hanold covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Contango Oil & Gas Company, and Continental Resources.

Currently, the analyst consensus on Range Resources Corp is a Moderate Buy with an average price target of $19.43.

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The company has a one-year high of $22.92 and a one-year low of $11.93. Currently, Range Resources Corp has an average volume of 7.33M.

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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.