<div id="readability-page-1"><p><span>Range Resources (NYSE:RRC - Get Free Report)</span> was upgraded by analysts at StockNews.com from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a note issued to investors on Thursday.</p><div><p><span></span><span>Get <strong>Range Resources</strong> alerts:</span></p></div><ul><li>These energy stocks are most-upgraded amid falling oil prices</li></ul><p>RRC has been the topic of a number of other reports. The Goldman Sachs Group raised their price target on shares of Range Resources from $39.00 to $43.00 and gave the company a &#34;neutral&#34; rating in a research note on Wednesday, February 12th. Wolfe Research upgraded Range Resources from a &#34;peer perform&#34; rating to an &#34;outperform&#34; rating and set a $42.00 target price on the stock in a research report on Friday, January 3rd. Wells Fargo &amp; Company boosted their price target on Range Resources from $38.00 to $40.00 and gave the stock an &#34;overweight&#34; rating in a research report on Tuesday, December 17th. Barclays  set a $43.00 price objective on Range Resources and gave the company an &#34;equal weight&#34; rating in a report on Thursday, February 27th. Finally, Piper Sandler upped their target price on shares of Range Resources from $32.00 to $33.00 and gave the stock a &#34;neutral&#34; rating in a report on Thursday, March 6th. One investment analyst  has rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of &#34;Hold&#34; and a consensus target price of $40.89.</p><p><b>Read Our Latest Research Report on RRC</b></p><h2>Range Resources Price Performance</h2><ul><li>10 Best Natural Gas Stocks to Buy Now</li></ul><p>Shares of Range Resources stock traded down $0.98 on Thursday, reaching $38.86. The company's stock had a trading volume of 2,023,594 shares, compared to its average volume of 2,306,482. Range Resources has a 52-week low of $27.29 and a 52-week high of $41.95. The company has a market capitalization of $9.38 billion, a P/E ratio of 19.63, a PEG ratio of 5.11 and a beta of 1.80. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.28. The stock has a 50-day moving average price of $38.56 and a 200-day moving average price of $35.05. </p><p>Range Resources (NYSE:RRC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The oil and gas exploration company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.55 by $0.13. Range Resources had a net margin of 17.63% and a return on equity of 13.69%. The company had revenue of $626.42 million during the quarter, compared to analyst estimates of $676.53 million. During the same quarter in the previous year, the firm earned $0.63 EPS.  Analysts expect that  Range Resources will post 2.02 EPS for the current year. </p><h2>Institutional Investors Weigh In On Range Resources</h2><ul><li>2 Small-Cap Energy Stocks With Big Upside For Investors</li></ul><p>Several hedge funds and other institutional investors have recently added to or reduced their stakes in RRC. Brooklyn Investment Group acquired a new position in shares of  Range Resources in the 3rd quarter valued at $25,000.  Smartleaf Asset Management LLC boosted its stake in  Range Resources by 87.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,012 shares of the oil and gas exploration company's stock worth $37,000 after buying an additional 471 shares during the period.  UMB Bank n.a. increased its position in shares of  Range Resources by 59.0% during the fourth quarter. UMB Bank n.a. now owns 1,148 shares of the oil and gas exploration company's stock valued at $41,000 after acquiring an additional 426 shares during the last quarter.  Headlands Technologies LLC purchased a new stake in shares of  Range Resources in the 4th quarter valued at approximately $42,000.  Finally, Geneos Wealth Management Inc. acquired a new position in shares of  Range Resources in the 4th quarter worth approximately $46,000. Institutional investors and hedge funds own  98.93% of the company's stock. </p><h2>Range Resources Company Profile</h2> (Get Free Report)<p>Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), crude oil, and condensate company in the United States. The company engages in the exploration, development, and acquisition of natural gas and crude oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Range Resources</li><li>What Investors Need to Know to Beat the Market</li><li>Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell </li><li>How Can Investors Benefit From After-Hours Trading</li><li>Top 3 Beverage Stocks Pouring Out Profits</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>CarMax and Carvana: Steering the Used Car Market</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJSQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJSQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Range Resources Right Now?</h2><p>Before you consider Range Resources, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Range Resources wasn't on the list.</p><p>While Range Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>StockNews.com upgraded Range Resources (NYSE:RRC) from a "sell" to a "hold" rating. Other analysts have also raised their price targets, with Goldman Sachs increasing it from $39 to $43 and Wolfe Research upgrading it to "outperform" with a $42 target. The stock currently trades at $38.86, with a consensus target price of $40.89. Range Resources reported a quarterly EPS of $0.68, exceeding estimates, and has a market cap of $9.38 billion. Institutional investors hold 98.93% of the stock.</p>

Range Resources (NYSE:RRC) Upgraded to Hold at StockNews.com