RBC Capital Keeps Their Hold Rating on Range Resources (RRC)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Scott Hanold maintained a Hold rating on Range Resources (RRC) with a $48 price target, as of August 20. The stock closed at $40.67. This aligns with the general Street consensus of a Hold rating and an average price target of $44.33. Additionally, Morgan Stanley assigned a Hold rating to RRC with a $43 target.
In a report released on August 20, Scott Hanold from RBC Capital maintained a Hold rating on Range Resources, with a price target of $48.00. The company’s shares closed yesterday at $40.67.
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Hanold covers the Energy sector, focusing on stocks such as California Resources Corp, SM Energy, and Kimbell Royalty Partners. According to TipRanks, Hanold has an average return of 19.6% and a 69.62% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Range Resources with a $44.33 average price target, representing a 9.00% upside. In a report released on August 20, Morgan Stanley also assigned a Hold rating to the stock with a $43.00 price target.