Raging River Exploration Inc (RRX) Price Target Raised to C$12.00 at GMP Securities

Raging River Exploration Inc (TSE:RRX) had its price target lifted by GMP Securities from C$10.00 to C$12.00 in a research note issued to investors on Monday morning.

A number of other research firms have also recently commented on RRX. BMO Capital Markets restated an outperform rating and issued a C$10.00 price objective on shares of Raging River Exploration in a research report on Wednesday, September 13th. National Bank Financial lowered their price objective on shares of Raging River Exploration from C$11.00 to C$10.00 and set an outperform rating for the company in a research report on Friday, October 13th. Raymond James Financial, Inc. upgraded shares of Raging River Exploration from a market perform rating to an outperform rating and upped their price objective for the company from C$8.50 to C$9.50 in a research report on Friday. Scotiabank restated an outperform rating and issued a C$11.00 price objective on shares of Raging River Exploration in a research report on Thursday, September 28th. Finally, Royal Bank Of Canada lowered their price objective on shares of Raging River Exploration from C$13.00 to C$10.00 in a research report on Thursday, July 20th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of C$11.10.

Shares of Raging River Exploration (TSE:RRX) traded down C$0.04 during trading on Monday, hitting C$8.29. 506,077 shares of the company’s stock traded hands, compared to its average volume of 881,082. Raging River Exploration has a 52 week low of C$6.25 and a 52 week high of C$11.28.

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Raging River Exploration Company Profile

Raging River Exploration Inc, a junior oil and gas production company, engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. It primarily holds interests in the Viking oil resource play located in the Dodsland area in Southwestern Saskatchewan and southeast Alberta.

Analyst Recommendations for Raging River Exploration (TSE:RRX)

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