Range Resources Corporation which can be found using ticker (RRC) now have 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 46 and 24 and has a mean target at $32.64. Now with the previous closing price of $23.96 this indicates there is a potential upside of 36.2%. The 50 day moving average now sits at $25.32 while the 200 day moving average is $27.79. The company has a market capitalization of $5,888m. Company Website: https://www.rangeresources.com
The potential market cap would be $8,021m 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 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 1.34% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 5.11, revenue per share of 22.15 and a 16.09% return on assets.
