Raging River Exploration Inc (RRX) Stock Rating Reaffirmed by Royal Bank Of Canada
Raging River Exploration Inc (TSE:RRX)‘s stock had its “outperform” rating reiterated by Royal Bank Of Canada in a research report issued on Wednesday. They presently have a C$13.00 price target on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 26.21% from the stock’s current price.
Several other research firms have also commented on RRX. CIBC boosted their price objective on Raging River Exploration from C$12.00 to C$13.00 in a research note on Wednesday, October 19th. BMO Capital Markets boosted their price objective on Raging River Exploration from C$12.50 to C$13.00 and gave the stock an “outperform” rating in a research note on Friday, August 12th. Canaccord Genuity upped their price target on Raging River Exploration from C$12.50 to C$12.75 in a research report on Friday, August 12th. Scotiabank reaffirmed a “sector perform” rating and issued a C$12.00 price target on shares of Raging River Exploration in a report on Thursday, July 21st. Finally, TD Securities reaffirmed a “buy” rating and issued a C$14.00 price target on shares of Raging River Exploration in a report on Thursday, July 21st. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$12.64.
Shares of Raging River Exploration (TSE:RRX) opened at 10.30 on Wednesday. The firm’s 50-day moving average price is $10.90 and its 200-day moving average price is $10.63. The company has a market capitalization of $2.37 billion and a price-to-earnings ratio of 160.94. Raging River Exploration has a 12 month low of $7.17 and a 12 month high of $11.87.
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