Breaking Finance News

RPC (NYSE:RES) has been downgraded from Outperform to Neutral in a statement by Credit Suisse earlier today.

Boasting a price of $22.77, RPC (NYSE:RES) traded 0.66% higher on the day. With the last stock price close up 14.25% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. RPC has recorded a 50-day average of $22.13 and a two hundred day average of $20.06. Volume of trade was down over the average, with 234,241 shares of RES changing hands under the typical 1,525,620

Credit Suisse has downgraded RPC (NYSE:RES) from Outperform to Neutral in a statement released on 10/13/2017.

On 10/10/2017, Deutsche Bank released a statement for RPC (NYSE:RES) bumped up the target price from $0.00 to $25.00 that suggested an upside of 0.08%.

Performance Chart

RPC (NYSE:RES)

With a total market value of $0, RPC has with a one year low of $16.48 and a one year high of $25.00 .

A total of 20 equity analysts have released a research note on RES. Five equity analysts rating the company a strong buy, five equity analysts rating the company a buy, thirteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $14.30.

Brief Synopsis On RPC (NYSE:RES)

RPC, Inc. (RPC) is a holding company for several oilfield services companies. The Company provides a range of specialized oilfield services and equipment primarily to independent oil and gas companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the southwest, mid-continent, Gulf of Mexico, Rocky Mountain and Appalachian regions, and in selected international markets. The Company's segments are Technical Services and Support Services. The Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline and fishing. Its Support Services include all of the services that provide equipment for customers' use on the well site without RPC personnel and services that are provided in support of customer operations off the well site, such as classroom and computer training, and other consulting services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *