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Stifel Nicolaus Remains a Hold on RPC (RES)
Stifel Nicolaus analyst Stephen Gengaro maintained a Hold rating on RPC today and set a price target of $5.00. The company’s shares closed yesterday at $4.72.
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Gengaro covers the Energy sector, focusing on stocks such as Baker Hughes Company, NOV, and Tetra Technologies. According to TipRanks, Gengaro has an average return of 1.9% and a 39.83% success rate on recommended stocks.
RPC has an analyst consensus of Moderate Sell, with a price target consensus of $5.50, representing a 16.53% upside. In a report released on July 1, Susquehanna also maintained a Hold rating on the stock with a $5.50 price target.
RES market cap is currently $1.1B and has a P/E ratio of 14.14.
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