Susquehanna Lowers Range Resources (NYSE:RRC) Price Target to $41.00

Range Resources (NYSE:RRC) had its price target lowered by analysts at Susquehanna from $45.00 to $41.00 in a research report issued to clients and investors on Tuesday, MarketBeat reports. The firm presently has a “neutral” rating on the oil and gas exploration company’s stock. Susquehanna’s price target would suggest a potential upside of 5.83% from the company’s current price.

Other analysts also recently issued reports about the stock. Morgan Stanley reduced their price target on shares of Range Resources from $50.00 to $44.00 and set an “equal weight” rating for the company in a report on Monday, June 29th. The Goldman Sachs Group dropped their price objective on shares of Range Resources from $44.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, June 30th. Stephens cut their price objective on shares of Range Resources from $53.00 to $52.00 and set an “overweight” rating for the company in a research report on Friday, July 10th. Truist Financial cut their price objective on shares of Range Resources from $46.00 to $43.00 and set a “hold” rating for the company in a research report on Friday, July 10th. Finally, UBS Group reduced their target price on shares of Range Resources from $49.00 to $44.00 and set a “neutral” rating for the company in a research note on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $43.18.

Range Resources Stock Up 2.6%

Shares of RRC stock opened at $38.74 on Tuesday. Range Resources has a 12 month low of $32.60 and a 12 month high of $48.31. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.18. The firm has a market cap of $9.13 billion, a PE ratio of 10.70 and a beta of 0.41. The stock has a 50 day moving average of $38.35 and a 200-day moving average of $39.40.

Range Resources (NYSE:RRC) last announced its quarterly earnings data on Tuesday, July 21st. The oil and gas exploration company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.14. Range Resources had a net margin of 25.04% and a return on equity of 18.99%. The business had revenue of $759.58 million for the quarter, compared to the consensus estimate of $744.78 million. During the same quarter last year, the company posted $0.66 earnings per share. Range Resources’s quarterly revenue was down 2.7% on a year-over-year basis. On average, equities analysts predict that Range Resources will post 3.46 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Los Angeles Capital Management LLC acquired a new stake in Range Resources during the 4th quarter valued at $34,000. Root Financial Partners LLC raised its position in Range Resources by 37.8% in the 1st quarter. Root Financial Partners LLC now owns 1,006 shares of the oil and gas exploration company’s stock valued at $45,000 after purchasing an additional 276 shares during the last quarter. Western Wealth Management LLC bought a new position in Range Resources in the 1st quarter valued at $59,000. SBI Okasan Asset Management Co.Ltd. acquired a new position in Range Resources in the fourth quarter worth $57,000. Finally, Basepoint Wealth LLC acquired a new position in Range Resources in the fourth quarter worth $61,000. 98.93% of the stock is owned by institutional investors and hedge funds.

More Range Resources News

Here are the key news stories impacting Range Resources this week:

• Positive Sentiment: Range Resources beat Q2 earnings and revenue estimates, reporting $0.79 EPS on $759.6 million in revenue, both above consensus, while also delivering higher output and stronger price realizations. Article Title
• Positive Sentiment: The company said it is targeting 2.5 Bcfe/d by year-end and outlined 2026 gas guidance of $0.35-$0.40/Mcf, signaling confidence in production growth and operational discipline. Article Title
• Positive Sentiment: Management highlighted record production and strategic execution on the Q2 earnings call, reinforcing the view that the business is benefiting from improved operating efficiency. Article Title
• Positive Sentiment: Investors may also be encouraged by the completion of Range Resources’ multi-year buyback program, which can support per-share value. Article Title
• Neutral Sentiment: Susquehanna lowered its price target on RRC to $41 from $45 and kept a neutral rating, which may temper enthusiasm but does not change the broader earnings-driven narrative. Article Title
• Negative Sentiment: Some coverage noted the stock fell after the earnings release, suggesting investors are still weighing strong fundamentals against execution and commodity-price risks. Article Title

About Range Resources

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.

The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.