RPC Inc has a consensus price target of $7.81 based on the ratings of 4 analysts. The high is $13 issued by Johnson Rice on April 28, 2022. The low is $5.25 issued by Citigroup on July 10, 2024. The 3 most-recent analyst ratings were released by Susquehanna, Stifel, and Stifel on October 25, 2024, October 11, 2024, and July 16, 2024, respectively. With an average price target of $6.67 between Susquehanna, Stifel, and Stifel, there's an implied 7.01% upside for RPC Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for RPC (NYSE:RES) was reported by Susquehanna on October 25, 2024. The analyst firm set a price target for $6.00 expecting RES to fall to within 12 months (a possible -3.69% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for RPC (NYSE:RES) was provided by Susquehanna, and RPC maintained their neutral rating.
The last upgrade for RPC Inc happened on April 28, 2022 when Johnson Rice raised their price target to $13. Johnson Rice previously had a hold for RPC Inc.
The last downgrade for RPC Inc happened on June 16, 2023 when Citigroup changed their price target from $8.25 to $7 for RPC Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of RPC, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for RPC was filed on October 25, 2024 so you should expect the next rating to be made available sometime around October 25, 2025.
While ratings are subjective and will change, the latest RPC (RES) rating was a maintained with a price target of $6.50 to $6.00. The current price RPC (RES) is trading at is $6.23, which is out of the analyst’s predicted range.
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