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.
See today’s analyst top recommended stocks >>
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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.