This is what analysts have to say about Range Resources Corp. (NYSE:RRC) after last week.

November 7, 2017 - By Winifred Garcia

 This is what analysts have to say about Range Resources Corp. (NYSE:RRC) after last week.
Investors sentiment decreased to 1.35 in Q2 2017. Its down 0.01, from 1.36 in 2017Q1. It dropped, as 59 investors sold Range Resources Corp. shares while 108 reduced holdings. 45 funds opened positions while 180 raised stakes. 230.61 million shares or 4.36% more from 220.97 million shares in 2017Q1 were reported.
Quantitative Systematic Strategies Ltd stated it has 10,911 shares or 0.07% of all its holdings. Bank Of Ny Mellon Corporation reported 1.80 million shares. Pictet Asset invested 0.01% of its portfolio in Range Resources Corp. (NYSE:RRC). Salient Capital Advsr Lc has 0.04% invested in Range Resources Corp. (NYSE:RRC) for 96,942 shares. Schroder Invest Management reported 0.04% of its portfolio in Range Resources Corp. (NYSE:RRC). Moreover, Bancshares Hapoalim Bm has 0.05% invested in Range Resources Corp. (NYSE:RRC) for 9,035 shares. Nomura Asset Management invested 0.01% in Range Resources Corp. (NYSE:RRC). Ls Inv Lc holds 12,725 shares or 0.02% of its portfolio. Prudential Inc invested in 0.01% or 251,951 shares. Principal Fin Gp reported 298,594 shares. Chevy Chase Inc reported 0.22% of its portfolio in Range Resources Corp. (NYSE:RRC). Oppenheimer Asset Management owns 14,776 shares. Ent Svcs invested 0% in Range Resources Corp. (NYSE:RRC). Ally has invested 0.23% in Range Resources Corp. (NYSE:RRC). Manufacturers Life Ins The reported 641,315 shares stake.

Since May 26, 2017, it had 1 buying transaction, and 3 sales for $750,854 activity. On Friday, June 9 Farquharson Alan W sold $13,369 worth of Range Resources Corp. (NYSE:RRC) or 577 shares. $91,832 worth of Range Resources Corp. (NYSE:RRC) was bought by FUNK JAMES M on Wednesday, June 14. Another trade for 7,200 shares valued at $166,824 was sold by Walker Ray N JR.

Range Resources Corp. (NYSE:RRC) Ratings Coverage

Among 38 analysts covering Range Resources Corp. (NYSE:RRC), 26 have Buy rating, 1 Sell and 11 Hold. Therefore 68% are positive. Range Resources Corp. had 121 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, March 22 the stock rating was downgraded by Raymond James to “Market Perform”. The stock has “Underweight” rating by Barclays Capital on Wednesday, September 28. As per Friday, April 28, the company rating was maintained by Piper Jaffray. The stock of Range Resources Corp. (NYSE:RRC) has “Buy” rating given on Wednesday, September 27 by Cowen & Co. The stock of Range Resources Corp. (NYSE:RRC) has “Sector Perform” rating given on Monday, December 14 by Howard Weil. The stock of Range Resources Corp. (NYSE:RRC) has “Buy” rating given on Tuesday, July 11 by BMO Capital Markets. The firm has “Buy” rating given on Monday, February 6 by Nomura. The firm earned “Buy” rating on Thursday, March 30 by UBS. BMO Capital Markets downgraded the shares of RRC in report on Friday, July 29 to “Market Perform” rating. Cantor Fitzgerald maintained the shares of RRC in report on Monday, September 7 with “Under Review” rating. Below is a list of Range Resources Corp. (NYSE:RRC) latest ratings and price target changes.

03/11/2017 Broker: Cowen & Co Rating: Buy New Target: $30.0 Maintain
26/10/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $19 New Target: $18 Maintain
23/10/2017 Broker: J.P. Morgan Rating: Hold Downgrade
23/10/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
19/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $35.0 Maintain
13/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $32.0 Maintain
10/10/2017 Broker: BMO Capital Markets Rating: Buy New Target: $30.0 Maintain
11/10/2017 Broker: Barclays Capital Old Rating: Underweight New Rating: Overweight Old Target: $18 Upgrade
05/10/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $21.0 Maintain
27/09/2017 Broker: Cowen & Co Rating: Buy New Target: $30.0 Maintain

About 6.75M shares traded or 7.31% up from the average. Range Resources Corp. (NYSE:RRC) has declined 36.05% since November 7, 2016 and is downtrending. It has underperformed by 52.75% the S&P500.

Range Resources Corporation is an independent natural gas, natural gas liquids and oil company. The company has market cap of $4.70 billion. The Firm is engaged in the exploration and production of natural gas, NGLs and oil in the United States. It currently has negative earnings. It is engaged in the exploration, development and acquisition of natural gas and crude oil properties located primarily in the Appalachian and North Louisiana regions of the United States.

More important recent Range Resources Corp. (NYSE:RRC) news were published by: Seekingalpha.com which released: “Range Resources says ‘inflection point’ nearing in Appalachian Basin” on October 25, 2017, also Seekingalpha.com published article titled: “Range Resources wins two-notch upgrade at Barclays”, Nasdaq.com published: “What’s in Store for Range Resources (RRC) in Q3 Earnings?” on October 19, 2017. More interesting news about Range Resources Corp. (NYSE:RRC) was released by: Seekingalpha.com and their article: “Range Resources (RRC) Q3 2017 Results – Earnings Call Transcript” with publication date: October 26, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.