Shares of Raging River Exploration Inc (TSE:RRX) have received an average recommendation of “Buy” from the twelve ratings firms that are currently covering the company. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$12.55.

A number of equities research analysts recently weighed in on the stock. Canaccord Genuity boosted their price objective on shares of Raging River Exploration from C$12.50 to C$12.75 in a research report on Friday, August 12th. BMO Capital Markets upped their target price on shares of Raging River Exploration from C$12.50 to C$13.00 and gave the stock an “outperform” rating in a research report on Friday, August 12th. National Bank Financial decreased their target price on shares of Raging River Exploration from C$12.50 to C$12.00 in a research report on Wednesday, August 3rd. TD Securities restated a “buy” rating and issued a C$14.00 target price on shares of Raging River Exploration in a research report on Thursday, July 21st. Finally, Scotiabank restated a “sector perform” rating and issued a C$12.00 target price on shares of Raging River Exploration in a research report on Thursday, July 21st.

Raging River Exploration (TSE:RRX) opened at 11.34 on Wednesday. The stock’s 50 day moving average is $10.77 and its 200-day moving average is $10.43. The stock has a market capitalization of $2.61 billion and a PE ratio of 177.19. Raging River Exploration has a 52 week low of $7.17 and a 52 week high of $11.66.

Raging River Exploration Company Profile

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