Raymond James Financial Inc. restated their market perform rating on shares of Raging River Exploration Inc (TSE:RRX) in a report published on Tuesday. They currently have a C$12.00 target price on the stock.

RRX has been the subject of a number of other reports. Canaccord Genuity upped 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. CIBC upped their price objective on shares of Raging River Exploration from C$12.00 to C$13.00 in a research report on Wednesday, October 19th. Royal Bank Of Canada restated an outperform rating and set a C$13.00 price objective on shares of Raging River Exploration in a research report on Wednesday, November 9th. TD Securities restated a buy rating and set a C$14.00 price objective on shares of Raging River Exploration in a research report on Wednesday, November 9th. Finally, BMO Capital Markets upped their price objective 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. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of C$12.58.

Raging River Exploration (TSE:RRX) opened at 9.33 on Tuesday. The company’s 50 day moving average is $10.75 and its 200-day moving average is $10.68. The stock has a market capitalization of $2.16 billion and a PE ratio of 216.98. Raging River Exploration has a 1-year low of $7.17 and a 1-year high of $11.87.

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