What’s Raging River Exploration Inc Upside After Today’s Huge Increase?

 What's Raging River Exploration Inc Upside After Today's Huge Increase?

The stock of Raging River Exploration Inc (TSE:RRX) is a huge mover today! About 508,063 shares traded hands. Raging River Exploration Inc (TSE:RRX) has risen 13.72% since April 5, 2016 and is uptrending. It has outperformed by 8.94% the S&P500.
The move comes after 5 months positive chart setup for the $2.33 billion company. It was reported on Nov, 9 by Barchart.com. We have $15.63 PT which if reached, will make TSE:RRX worth $1.19B more.

Raging River Exploration Inc (TSE:RRX) Ratings Coverage

Out of 5 analysts covering Raging River Exploration (TSE:RRX), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $13 is the highest target while $9 is the lowest. The $11.42 average target is 10.34% above today’s ($10.35) stock price. Raging River Exploration has been the topic of 18 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Paradigm Research maintained Raging River Exploration Inc (TSE:RRX) rating on Wednesday, August 12. Paradigm Research has “Buy” rating and $10 price target. The stock of Raging River Exploration Inc (TSE:RRX) has “Outperform” rating given on Thursday, July 21 by RBC Capital Markets. The company was maintained on Thursday, February 4 by RBC Capital Markets. The stock of Raging River Exploration Inc (TSE:RRX) has “Outperform” rating given on Wednesday, November 9 by RBC Capital Markets.

Raging River Exploration Inc is a Canada gas and oil company. The company has a market cap of $2.33 billion. The Firm is engaged in oil and natural gas production, exploitation and acquisition in the Dodsland area of southwest Saskatchewan. It has a 155.9 P/E ratio. The Company’s area of activities is located in the Viking light oil fairway at the greater Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta.

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