RPC Inc (RES) Gets a Sell Rating from AltaCorp Captial

AltaCorp Captial analyst Waqar Syed reiterated a Sell rating on RPC Inc (RES) on August 19 and set a price target of $5.25. The company’s shares closed last Monday at $5.59, close to its 52-week low of $5.43.

According to TipRanks.com, Syed is a 2-star analyst with an average return of 0.5% and a 45.6% success rate. Syed covers the Basic Materials sector, focusing on stocks such as Nabors Industries, National-Oilwell, and Halliburton.

RPC Inc has an analyst consensus of Moderate Sell, with a price target consensus of $6.61.

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The company has a one-year high of $17.16 and a one-year low of $5.43. Currently, RPC Inc has an average volume of 2.66M.

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RPC, Inc. is an oil and gas services company, which engages in the exploration, production, and development of oil and gas properties. It operates through the following segments: Technical Services and Support Services.

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