Range Resource (RRC) Update - May 10

[dan_s]

In the last 3 months, 13 ranked analysts set 12-month price targets for RRC. The average price target among the analysts is $20.14. Valuations range from $12.00 to $29.00.

Range Resources announced Q1 results on April 25 and not a single Wall Street firm has updated their forecast/valuation models submitted to Reuters. Therefore, the First Call price target is based on very old numbers. This shows you how little interest there is in the "gassers" these days. RRC is one of the top ten natural gas producers in the U.S..

We will be sending out an updated profile on RRC on May 11.