Siebert Williams Shank & Co Sticks to Its Hold Rating for Range Resources (RRC)

Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Hold rating on Range Resources on March 20 and set a price target of $44.00. The company’s shares closed last Friday at $44.47.

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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and CNX Resources. According to TipRanks, Sorbara has an average return of 14.7% and a 65.08% success rate on recommended stocks.

In addition to Siebert Williams Shank & Co, Range Resources also received a Hold from TipRanks – Anthropic’s Anthropic Oil and Gas Exploration and Production in a report issued yesterday. However, on the same day, TipRanks – DeepSeek reiterated a Buy rating on Range Resources (NYSE: RRC).

Based on Range Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $787.26 million and a net profit of $179.09 million. In comparison, last year the company earned a revenue of $666.98 million and had a net profit of $94.84 million

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RRC in relation to earlier this year. Earlier this month, Margaret Dorman, a Director at RRC sold 12,500.00 shares for a total of $542,267.60.