Zacks Rating on Range Resources Corporation (RRC)

Range Resources Corporation (RRC) : The consensus on Range Resources Corporation (RRC) based on 22 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Range Resources Corporation (RRC) stock is expected to deviate a maximum of $6.22 from the average target price of $49.35 for the short term period. 20 Street Experts have initiated coverage on the stock with the most promising target being $62 and the most muted being $34.


Shares of Range Resources Corporation rose by 5.28% in the last five trading days and 0.59% for the last 4 weeks. Range Resources Corporation has dropped 0.1% during the last 3-month period . Year-to-Date the stock performance stands at 67.84%. Range Resources Corporation (NYSE:RRC): stock turned positive on Tuesday. Though the stock opened at $39.28, the bulls momentum made the stock top out at $41.5 level for the day. The stock recorded a low of $39.25 and closed the trading day at $41.26, in the green by 4.64%. The total traded volume for the day was 3,089,130. The stock had closed at $39.43 in the previous days trading.

Range Resources Corporation (Range) is an independent natural gas, natural gas liquids (NGLs) and oil company. The Company is engaged in the engaged in the exploration, development and acquisition of natural gas and oil properties, mostly in the Appalachian and Midcontinent regions of the United States. The Companys properties consist of interests in developed and undeveloped natural gas and oil leases in these regions. These interests are mostly in the form of working interests and, to a lesser extent, royalty and overriding royalty interests. The Companys activities in the Midcontinent region include drilling, production and field operations in the Texas Panhandle, as well as in the Anadarko Basin of western Oklahoma, the Nemaha Uplift of northern Oklahoma and Kansas, the Permian Basin of West Texas and Mississippi.

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