Raging River Exploration Inc (TSE:RRX)‘s stock had its “sector perform” rating reissued by equities research analysts at Scotiabank in a research report issued on Wednesday. They currently have a C$12.00 price target on the stock. Scotiabank’s price objective points to a potential upside of 16.50% from the company’s previous close.

Other research analysts have also recently issued reports about the company. Royal Bank Of Canada restated an “outperform” rating and issued a C$13.00 price objective on shares of Raging River Exploration in a research note on Thursday, July 21st. National Bank Financial reduced their price objective on Raging River Exploration from C$12.50 to C$12.00 in a research note on Wednesday, August 3rd. Canaccord Genuity raised their price objective on Raging River Exploration from C$12.50 to C$12.75 in a research note on Friday, August 12th. TD Securities restated a “buy” rating and issued a C$14.00 price objective on shares of Raging River Exploration in a research note on Thursday, July 21st. Finally, BMO Capital Markets raised 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. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Raging River Exploration has a consensus rating of “Buy” and an average price target of C$12.64.

Analyst Recommendations for Raging River Exploration (TSE:RRX)

Raging River Exploration (TSE:RRX) opened at 10.30 on Wednesday. Raging River Exploration has a 12-month low of $7.17 and a 12-month high of $11.87. The stock has a market capitalization of $2.37 billion and a PE ratio of 160.94. The company has a 50-day moving average price of $10.90 and a 200-day moving average price of $10.63.

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