Range Resources Corporation with ticker code (RRC) now have 21 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 49 and 30 with the average target price sitting at 39.07. Given that the stocks previous close was at 30.7 this would imply there is a potential upside of 27.3%. The day 50 moving average is 29.26 and the 200 day MA is 21.9. The company has a market cap of $8,240m. You can visit the company’s website by visiting: https://www.rangeresources.com
The potential market cap would be $10,486m based on the market concensus.
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. As of December 31, 2021, the company owned and operated 1,350 net producing wells and approximately 794,000 net acres under lease located in the Appalachian region of the northeastern United States. 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 and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.
