Range Resources Corporation Com (NYSE:RRC).
On July 28 the stock rating was upgraded from “Neutral” to “Buy” in a report from KLR Group. July 15 investment analysts at JP Morgan made no change to the stock rating of “Outperform” and raised the price expectation to $55.00 from $44.00.
On July 14 the company was upgraded to “Outperform” from “Neutral” and a price target of $55.00 was set in a statement from Imperial Capital. Imperial Capital both upgraded the stock and raised the price target on July 14 changing the price target from $44.00 to $55.00 and changing the rating from “Neutral” to “Outperform”.
On July 8 the company was upgraded from “” to “Buy” in an announcement from Stifel Nicolaus.
The company is trading down by -4.05 percent from yesterday’s close. Additionally the company recently announced a dividend for shareholders paid on Thursday the 30th of June 2016. The dividend was $0.020 per share for the quarter which is $0.08 annualized. The dividend yield was $0.21. The ex-dividend date was Wednesday the 14th of September 2016.
Shares are trading at $36.97 which is a tad under $39.55, the stock’s 50 day moving average and just below the 200 day moving average of $39.96. The 50 day moving average was down by -6.52% whereas the 200 day average was down by -7.49%.
As of the latest earnings report the EPS was $-5.64 and is estimated to be $-0.20 for the current year with 166,682,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.07 and the next full year EPS is projected to be $0.31.