Range Resources Corporation with ticker code (RRC) now have 25 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 36 and 22 calculating the mean target price we have 26.76. With the stocks previous close at 20.34 this is indicating there is a potential upside of 31.6%. The 50 day MA is 19.16 and the 200 day MA is 17.93. The company has a market cap of $5,453m. Find out more information at: https://www.rangeresources.com
The potential market cap would be $7,174m 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, 2020, the company owned and operated 1,310 net producing wells and approximately 781,000 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.