Range Resources Receives Buy Rating from Cantor Fitzgerald Europe (RRL)
Range Resources (LON:RRL)‘s stock had its “buy” rating reiterated by equities researchers at Cantor Fitzgerald Europe in a research report issued on Thursday. They currently have a GBX 3.70 ($0.06) target price on the stock. Cantor Fitzgerald Europe‘s target price suggests a potential upside of 143.42% from the stock’s previous close.
Range Resources (LON:RRL) traded up 0.33% during mid-day trading on Thursday, hitting GBX 1.525. The stock had a trading volume of 5,498,573 shares. Range Resources has a 52 week low of GBX 0.61 and a 52 week high of GBX 2.70. The stock has a 50-day moving average of GBX 1.93 and a 200-day moving average of GBX 1.21.
Several other analysts have also recently commented on the stock. Analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Range Resources in a research note on Thursday, July 31st.
Range Resources Limited is an oil & gas exploration company with oil and gas interests in the frontier state of Puntland, Somalia, the Republic of Georgia, Texas, the United States, Trinidad and Colombia.
To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.
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