Range Resources Corporation with ticker code (RRC) have now 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 51 and 20 calculating the mean target price we have $31.91. Given that the stocks previous close was at $25.65 and the analysts are correct then there would likely be a percentage uptick in value of 24.4%. The 50 day MA is $25.80 while the 200 day moving average is $27.61. The market capitalization for the company is $6,163m. Visit the company website at: https://www.rangeresources.com
The potential market cap would be $7,667m based on the market consensus.
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. It markets and sells natural gas and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. The company was founded in 1976 and is headquartered in Fort Worth, Texas.
The company has a dividend yield of 1.25% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 5.44, revenue per share of 22.15 and a 16.09% return on assets.
