Raging River Exploration (TSE:RRX) had its price objective upped by National Bank Financial from C$10.00 to C$11.00 in a report issued on Tuesday morning. They currently have an outperform rating on the stock.
Several other research analysts also recently issued reports on RRX. BMO Capital Markets reaffirmed an outperform rating and set a C$10.00 price target on shares of Raging River Exploration in a research note on Wednesday, September 13th. Scotiabank reaffirmed an outperform rating and set a C$11.00 price target on shares of Raging River Exploration in a research note on Thursday, September 28th. GMP Securities cut their price target on Raging River Exploration from C$11.00 to C$10.00 in a research note on Monday, October 2nd. Raymond James Financial raised Raging River Exploration from a market perform rating to an outperform rating and lifted their price target for the stock from C$8.50 to C$9.50 in a research note on Friday, November 10th. Finally, TD Securities lifted 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 research note on Friday, November 10th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of Buy and an average price target of C$10.89.
Raging River Exploration (RRX) opened at C$8.56 on Tuesday. The stock has a market capitalization of $1,980.00, a price-to-earnings ratio of 34.24 and a beta of 0.40. Raging River Exploration has a one year low of C$6.25 and a one year high of C$10.40.
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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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