Raging River Exploration Inc (TSE:RRX) has been assigned an average recommendation of “Buy” from the twelve research firms that are covering the stock. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$12.64.

RRX has been the subject of several research reports. CIBC boosted their price objective on shares of 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 shares of Raging River Exploration from C$12.50 to C$13.00 and gave the company an “outperform” rating in a research note on Friday, August 12th. Royal Bank Of Canada reissued an “outperform” rating and set a C$13.00 price objective on shares of Raging River Exploration in a research note on Wednesday, November 9th. Canaccord Genuity boosted their price objective on shares of Raging River Exploration from C$12.50 to C$12.75 in a research note on Friday, August 12th. Finally, National Bank Financial lowered their price objective on shares of Raging River Exploration from C$12.50 to C$12.00 in a research note on Wednesday, August 3rd.

Shares of Raging River Exploration (TSE:RRX) opened at 10.73 on Thursday. The stock has a market capitalization of $2.48 billion and a price-to-earnings ratio of 249.53. Raging River Exploration has a 52-week low of $7.17 and a 52-week high of $11.87. The stock has a 50 day moving average price of $10.87 and a 200-day moving average price of $10.67.

About Raging River Exploration

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