# Range Resources Corporation – Consensus ‘buy’ rating and 3.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/range-resources-corporation-consensus-buy-rating-and-3.2-upside-potential/4121130966
- Published: 2023-10-26T14:55:30+01:00
- Author: Charlotte Edwards

**Range Resources Corporation** which can be found using ticker (RRC) now have 26
analysts in total covering the stock. The consensus rating is pointing to ‘buy’.
The target price High/Low ranges between 49 and 21 suggesting an average Analsyt
target price of $35.58. Given that the stocks previous close was at $34.48 and the
analysts are correct then there would likely be a percentage uptick in value of 
3.2%. The day 50 moving average is $32.52 and the 200 day MA is $28.54. The total
market capitalization for the company now stands at 8.26B. The stock price for the
company is currently 34.23 USD

 The potential market cap would be $8,523,380,620 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 6.21, revenue per share of 12.95
and a 17.42% return on assets.

Range Resources Corporation is an independent natural gas and natural gas liquids
producer with operations focused on projects in the Appalachian Basin. It is engaged
in the exploration, development and acquisition of natural gas and oil properties
in the United States. Its principal area of operations is the Marcellus Shale in
Pennsylvania. Its natural gas and oil operations are concentrated in the Appalachian
region of the United States, in the Marcellus Shale in Pennsylvania. Its properties
consist of interests in developed and undeveloped natural gas and oil leases. It
owns over 1,428 net producing wells in Pennsylvania. Its reserves are primarily 
in the Marcellus Shale formation but also include the Utica and Upper Devonian formations.
It has approximately 894,000 gross acres under lease. Its subsidiaries include Range
Resources-Appalachia, LLC, Range Resources-Pine Mountain, LLC, Range Production 
Company, LLC, Range Resources-Midcontinent, LLC and Range Resources-Louisiana, Inc.

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