Range Resources (RRC) Gets a Hold Rating from Raymond James
In a report released today, John Freeman from Raymond James reiterated a Hold rating on Range Resources (RRC). The company’s shares closed last Monday at $7.07.
According to TipRanks.com, Freeman is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -18.6% and a 28.5% success rate. Freeman covers the Utilities sector, focusing on stocks such as National Fuel Gas Company, Continental Resources, and Black Stone Minerals.
Range Resources has an analyst consensus of Hold, with a price target consensus of $7.90, a 6.9% upside from current levels. In a report issued on November 2, RBC Capital also maintained a Hold rating on the stock with a $7.00 price target.
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The company has a one-year high of $9.41 and a one-year low of $1.61. Currently, Range Resources has an average volume of 5.5M.
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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.