Raging River Exploration Inc (RRX) Earns Outperform Rating from BMO Capital Markets

BMO Capital Markets reaffirmed their outperform rating on shares of Raging River Exploration Inc (TSE:RRX) in a research note issued to investors on Wednesday morning. They currently have a C$10.00 target price on the stock.

RRX has been the subject of a number of other research reports. Royal Bank Of Canada cut their price objective on shares of Raging River Exploration from C$13.00 to C$10.00 in a report on Thursday, July 20th. TD Securities upgraded shares of Raging River Exploration from a buy rating to an action list buy rating and set a C$11.50 price objective for the company in a report on Tuesday, May 23rd. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of Buy and an average price target of C$11.38.

Raging River Exploration (TSE:RRX) opened at 7.20 on Wednesday. The stock has a market cap of $1.66 billion and a price-to-earnings ratio of 28.02. Raging River Exploration has a 52-week low of $6.25 and a 52-week high of $11.87. The company has a 50-day moving average price of $6.90 and a 200 day moving average price of $8.02.

TRADEMARK VIOLATION WARNING: This news story was reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this news story on another website, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this news story can be viewed at https://www.chaffeybreeze.com/2017/09/16/raging-river-exploration-inc-rrx-earns-outperform-rating-from-bmo-capital-markets.html.

Raging River Exploration Company Profile

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.

Analyst Recommendations for Raging River Exploration (TSE:RRX)

Receive News & Ratings for Raging River Exploration Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Raging River Exploration Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply