Seaport Global disclosed RPC Inc (NYSE:RES), hiking its price target to $23.00 earlier today
- Updated: December 1, 2016
Reporting a potential upside of 0.12%, Seaport Global upped the price target of RPC Inc (NYSE:RES) to $23.00
On 11/28/2016, Jefferies & Co released a statement on RPC Inc (NYSE:RES) upped the target price from $0.00 to $22.00 that suggested an upside of 0.20%.
Having a price of $20.57, RPC Inc (NYSE:RES) traded 3.19% higher on the day. With the last close up 29.90% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. RES has recorded a 50-day average of $17.89 and a two hundred day average of $15.95. Trade Volume was up over the average, with 2,987,467 shares of RES changing hands over the typical 1,727,100
Recent Performance Chart
RPC Inc has with a one year low of $9.73 and a one year high of $21.23 and has a market capitalization of $0.
A total of 20 analysts have released a report on RPC Inc. Five analysts rating the company a strong buy, five analysts rating the company a buy, thirteen analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $14.30.
General Company Details For RPC Inc (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 to oil and gas companies engaged in the exploration, production and development of oil and gas properties across the United States, including the southwest, mid-continent, Gulf of Mexico, Rocky Mountain and Appalachian regions, and in selected international markets. It operates through two segments: Technical Services and Support Services. Its Technical Services include Pressure Pumping, Downhole Tools, Coiled Tubing, Snubbing, Nitrogen, Well Control, Wireline Services and Fishing. The Support Services segment comprises Oilfield Pipe Inspection Services, Pipe Management and Pipe Storage, Well Control School and Energy Personnel International. RPC acts as a holding company for its operating units, Cudd Energy Services, Patterson Rental and Fishing Tools, Bronco Oilfield Services, Thru Tubing Solutions, Well Control School and others.
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