Raging River Exploration Inc (TSE:RRX)‘s stock had its “buy” rating restated by equities researchers at TD Securities in a research report issued on Wednesday. They currently have a C$14.00 price objective on the stock. TD Securities’ price objective indicates a potential upside of 35.92% from the stock’s current price.

Several other research firms have also weighed in on RRX. CIBC increased their price target on Raging River Exploration from C$12.00 to C$13.00 in a report on Wednesday, October 19th. BMO Capital Markets increased their price target on Raging River Exploration from C$12.50 to C$13.00 and gave the company an “outperform” rating in a report on Friday, August 12th. Royal Bank Of Canada restated an “outperform” rating and set a C$13.00 price target on shares of Raging River Exploration in a report on Wednesday. Canaccord Genuity increased their price target on Raging River Exploration from C$12.50 to C$12.75 in a report on Friday, August 12th. Finally, National Bank Financial decreased their price target on Raging River Exploration from C$12.50 to C$12.00 in a report on Wednesday, August 3rd. One equities research analyst has rated the stock with a hold rating and nine have issued 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)

Shares of Raging River Exploration (TSE:RRX) opened at 10.30 on Wednesday. The company has a market cap of $2.37 billion and a PE ratio of 160.94. Raging River Exploration has a one year low of $7.17 and a one year high of $11.87. The stock’s 50 day moving average is $10.90 and its 200-day moving average is $10.63.

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