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Piper Sandler Stick to Their Hold Rating for Range Resources Corp

Published 08/12/2020, 12:26 PM
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Piper Sandler (NYSE:PIPR) analyst Kashy Harrison maintained a Hold rating on Range Resources Corp (NYSE:RRC) on Wednesday, setting a price target of $8.5, which is approximately 0.95% above the present share price of $8.42.

Harrison expects Range Resources Corp to post earnings per share (EPS) of $0.58 for the third quarter of 2020.

The current consensus among 14 TipRanks analysts is for a Hold rating of shares in Range Resources, with an average price target of $6.5.
The analysts price targets range from a high of $11 to a low of $4.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $460.75 million and a net profit of -$50.02 million. The company's market cap is $2.08 billion.

According to TipRanks.com, Piper Sandler analyst Kashy Harrison is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -25.2% and a 20.16% success rate.

Range Resources Corp. engages in the exploration, development, and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company was founded in 1976 and is headquartered in Fort Worth, TX.

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