Could Raging River Exploration Inc Lose Strenght? The Stock Increases A Lot Today

 Could Raging River Exploration Inc Lose Strenght? The Stock Increases A Lot Today

The stock of Raging River Exploration Inc (TSE:RRX) is a huge mover today! About 376,506 shares traded hands. Raging River Exploration Inc (TSE:RRX) has risen 4.94% since April 27, 2016 and is uptrending. It has underperformed by 0.99% the S&P500.
The move comes after 5 months positive chart setup for the $2.88 billion company. It was reported on Dec, 1 by Barchart.com. We have $11.28 PT which if reached, will make TSE:RRX worth $86.40M more.

Raging River Exploration Inc (TSE:RRX) Ratings Coverage

Out of 7 analysts covering Raging River Exploration (TSE:RRX), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. $14 is the highest target while $9 is the lowest. The $11.75 average target is 7.31% above today’s ($10.95) stock price. Raging River Exploration has been the topic of 22 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Wednesday, November 9 by TD Securities. The firm earned “Outperform” rating on Wednesday, November 9 by RBC Capital Markets. The stock has “Sector Perform” rating given by Scotia Capital on Tuesday, November 29. The stock of Raging River Exploration Inc (TSE:RRX) has “Sector Perform” rating given on Wednesday, November 9 by Scotia Capital. The firm earned “Outperform” rating on Thursday, February 4 by RBC Capital Markets. RBC Capital Markets maintained Raging River Exploration Inc (TSE:RRX) on Thursday, July 21 with “Outperform” rating. The firm has “Market Perform” rating by Raymond James given on Tuesday, November 29. The firm has “Buy” rating given on Wednesday, August 12 by Paradigm Research.

More recent Raging River Exploration Inc (TSE:RRX) news were published by: Reuters.com which released: “BRIEF-Raging River Exploration Inc announces $58 million Dodsland Viking p…” on November 28, 2016. Also Forbes.com published the news titled: “Raging River Exploration Getting Very Oversold (RRX)” on November 29, 2016. Finance.Yahoo.com‘s news article titled: “Raging River Exploration Inc. Announces $58 Million Dodsland Viking Property …” with publication date: November 28, 2016 was also an interesting one.

Raging River Exploration Inc is a Canada gas and oil company. The company has a market cap of $2.88 billion. The Firm is engaged in oil and natural gas production, exploitation and acquisition in the Dodsland area of southwest Saskatchewan. It has a 263.28 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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