RPC (NYSE:RES) Analyst Rating Consensus

RPC (NYSE:RES) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.92 by 13 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. A sell rating was given by 2 analyst.

Other Equity analysts have also commented on the company shares. Major Brokerage house, Morgan Stanley maintains its ratings on RPC (NYSE:RES). In the latest research report, Morgan Stanley raises the target price from $17.5 per share to $19 per share. According to the latest information available, the shares are now rated Equal-weight by the analysts at the agency. The rating by the firm was issued on April 27, 2016.

RPC (NYSE:RES): The stock price is expected to reach $ 15.7 in the short term. The number of analysts agreeing with this consensus is 10. The higher estimate for the short term price target is at $22 while the lower estimate is at $10. The standard deviation of the price stands at $4.03.

RPC (NYSE:RES) rose 1.17% or 0.18 points on Tuesday and made its way into the gainers of the day. After trading began at $15.29 the stock was seen hitting $15.72 as a peak level and $15.14 as the lowest level. The stock ended up at $15.59. The daily volume was measured at 1,018,771 shares. The 52-week high of the share price is $16.84 and the 52-week low is $8.45. The company has a market cap of $3,392 million.

RPC Inc. is up 13.55% in the last 3-month period. Year-to-Date the stock performance stands at 30.46%.

RPC, Inc. (RPC) is an oilfield services holding company. The Company provides a specialized oilfield services and equipment to independent and oil and gas companies engaged in the exploration, production and development of oil and gas properties. The services and equipment provided include pressure pumping services, downhole tool services, coiled tubing services, snubbing services, nitrogen services, the rental of drill pipe and other specialized oilfield equipment, and well control. The Companys service lines include two segments in oil and gas services business segments: Technical Services and Support Services. 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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