# Range Resources Corporation  Share Price Target ‘$38.62’, now 15.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/range-resources-corporation-share-price-target-38.62-now-15.3-upside-potential/4121164699
- Published: 2024-07-12T13:39:33+01:00
- Author: Charlotte Edwards

**Range Resources Corporation** with ticker code (RRC) now have 22 analysts in total
covering the stock. The consensus rating is pointing to ‘hold’. The range between
the high target price and low target price is between $48.00 and $30.00 with the
average share target price sitting at $38.62. (at the time of writing). Given that
the stocks previous close was at $33.49 this is indicating there is a potential 
upside of 15.3%. Also worth taking note is the 50 day moving average now sits at
$35.65 and the 200 moving average now moves to $33.24. The company has a market 
capitalization of 8.27B. The current share price for the company is: $34.09 USD

 The potential market cap would be $9,538,130,608 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 17.05, 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.

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