# Range Resources Corporation  Share Price Target ‘$38.58’, now 12.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/range-resources-corporation-share-price-target-38.58-now-12.1-upside-potential/4121163926
- Published: 2024-07-05T16:38:12+01:00
- Author: Charlotte Edwards

**Range Resources Corporation** which can be found using ticker (RRC) have now 22
analysts in total covering the stock. The consensus rating is pointing to ‘hold’.
The target price High/Low ranges between $48.00 and $30.00 calculating the average
target share price we see $38.58. (at the time of writing). Now with the previous
closing price of $34.43 this would imply there is now a potential upside of 12.1%.
There is a 50 day moving average of $36.01 and the 200 day moving average is $33.16.
The company has a market capitalization of 8.24B. The stock price for the company
is currently $33.96 USD

 The potential market cap would be $9,232,769,874 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 16.98, revenue per share of $8.45
and a 7.3% 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.

Share on: