Range Resources Corporation Com (NYSE:RRC).
On July 29 the stock rating was downgraded from “” to “Market Perform” in a report issued by BMO Capital. On July 28 the company was upgraded to “Buy” from “Neutral” in a report from KLR Group.
On July 15 JP Morgan held the company rating at “Outperform” and moved up the price target from $44.00 to $55.00. 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 altering the rating from “Neutral” to “Outperform”.
On July 14 the stock rating was upgraded from “Neutral” to “Outperform” with a current price target of $55.00 in a statement from Imperial Capital.
The company is trading down by -4.05 percent from yesterday’s close. Range Resources Corporation Com also announced a dividend that was paid on Thursday the 30th of June 2016. The dividend was $0.020 per share for the quarter or $0.08 annualized. This dividend represents a yield of $0.21. The ex-dividend date was Wednesday the 14th of September 2016.
Company chares are trading at $36.97 a tad below the 50 day moving average which is $39.55 and just below the 200 day moving average of $39.96. The 50 day moving average was down $-2.58 or -6.52% and the 200 day average was down $-2.99.
In the last earnings report the EPS was $-5.64 and is projected to be $-0.20 for the current year with 166,682,000 shares now outstanding. Next quarter’s EPS is forecasted at $0.07 and the next full year EPS is anticipated to be $0.31.