Raging River Exploration (TSE:RRX) had its price objective raised by National Bank Financial from C$10.00 to C$11.00 in a report issued on Tuesday. The firm currently has an outperform rating on the stock.
Other equities research analysts also recently issued research reports about the company. GMP Securities decreased their price target on Raging River Exploration from C$11.00 to C$10.00 in a report on Monday, October 2nd. TD Securities upped their price target on Raging River Exploration from C$10.00 to C$11.00 and gave the stock an action list buy rating in a report on Friday, November 10th. Raymond James Financial upgraded Raging River Exploration from a market perform rating to an outperform rating and upped their price target for the stock from C$8.50 to C$9.50 in a report on Friday, November 10th. Scotiabank reiterated an outperform rating and set a C$11.00 price target on shares of Raging River Exploration in a report on Thursday, September 28th. Finally, BMO Capital Markets reiterated an outperform rating and set a C$10.00 price target on shares of Raging River Exploration in a report on Wednesday, September 13th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Raging River Exploration currently has an average rating of Buy and an average target price of C$10.89.
Shares of Raging River Exploration (TSE RRX) traded up C$0.07 during trading on Tuesday, reaching C$8.15. The company had a trading volume of 1,231,006 shares, compared to its average volume of 962,019. Raging River Exploration has a 1-year low of C$6.25 and a 1-year high of C$10.40. The company has a market capitalization of $1,890.00, a P/E ratio of 32.60 and a beta of 0.40.
Raging River Exploration Inc, a junior oil and gas production company, engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. It primarily holds interests in the Viking oil resource play located in the Dodsland area in Southwestern Saskatchewan and southeast Alberta.
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