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Raging River Exploration (CVE:RRX)‘s stock had its “sector outperform” rating reaffirmed by Scotiabank in a research note issued on Thursday.

Raging River Exploration (CVE:RRX) traded up 3.09% on Thursday, hitting $11.01. The stock had a trading volume of 944,520 shares. Raging River Exploration has a 52 week low of $5.21 and a 52 week high of $11.25. The stock’s 50-day moving average is $9.93 and its 200-day moving average is $9.31. The company has a market cap of $1.982 billion and a P/E ratio of 28.86.

Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of Raging River Exploration from C$13.00 to C$13.50 in a research note on Wednesday, August 13th. They now have an “outperform” rating on the stock. Separately, analysts at FirstEnergy Capital raised their price target on shares of Raging River Exploration from C$12.50 to C$12.75 in a research note on Wednesday, August 13th. Finally, analysts at Canaccord Genuity raised their price target on shares of Raging River Exploration from C$12.00 to C$13.00 in a research note on Wednesday, August 13th. They now have a “buy” rating on the stock. Nine research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of C$12.81.

Raging River Exploration Inc (CVE:RRX) is a junior oil and gas producer.

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