Raymond James Financial, Inc. upgraded shares of Raging River Exploration Inc (TSE:RRX) from a market perform rating to an outperform rating in a report released on Friday morning. Raymond James Financial, Inc. currently has C$9.50 target price on the stock, up from their previous target price of C$8.50.
Other equities research analysts have also issued research reports about the stock. GMP Securities decreased their price target on shares of Raging River Exploration from C$11.00 to C$10.00 in a research note on Monday, October 2nd. Royal Bank Of Canada decreased their price target on shares of Raging River Exploration from C$13.00 to C$10.00 in a research note on Thursday, July 20th. National Bank Financial decreased their price target on shares of Raging River Exploration from C$11.00 to C$10.00 and set an outperform rating for the company in a research note on Friday, October 13th. Scotiabank restated an outperform rating and set a C$11.00 price target on shares of Raging River Exploration in a research note on Thursday, September 28th. Finally, BMO Capital Markets restated an outperform rating and set a C$10.00 price target on shares of Raging River Exploration in a research note on Wednesday, September 13th. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of Buy and an average target price of C$11.10.
Shares of Raging River Exploration (TSE:RRX) opened at C$8.29 on Friday. Raging River Exploration has a one year low of C$6.25 and a one year high of C$11.28.
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Raging River Exploration Company Profile
Raging River Exploration Inc, a junior oil and gas production company, engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. It primarily holds interests in the Viking oil resource play located in the Dodsland area in Southwestern Saskatchewan and southeast Alberta.
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