Range Resources Corporation found using ticker (RRC) now have 22 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 61 and 26 with a mean TP of 39.64. Given that the stocks previous close was at 26.21 this would imply there is a potential upside of 51.2%. The 50 day moving average now sits at 29.7 and the 200 day moving average is 24.83. The market cap for the company is $6,912m. You can visit the company’s website by visiting: https://www.rangeresources.com
The potential market cap would be $10,454m 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.
