Ranger Oil Corp (ROCC) Update - Oct 28

[dan_s]

Penn Virginia Corp (PVAC) was renamed to Ranger Oil Corp (ROCC) after the merger with Lonestar Resources.

TipRanks: Since the merger two analysts have updated their price targets.
> On 10/18/2021 Scott Hanold at RBC Capital rated ROCC a BUY with a price target of $44.00
> On 10/19/2021 Neal Dingmann at Truist Financail rated ROCC a BUY with a price target of $52.00

I have updated my forecast/valuation model and my current valuation is $48.50.

At the time of this post ROCC was trading at $32.81.