Analyst Activity – Cowen and Company Raises Its Price Target On RPC (NYSE:RES) to $24.00

ME Staff
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Analyst Ratings For RPC (NYSE:RES)

Today, Cowen and Company raised its price target on RPC (NYSE:RES) to $24.00 per share.

There are 9 hold ratings, 9 buy ratings on the stock.

The current consensus rating on RPC (NYSE:RES) is Buy (Score: 2.50) with a consensus target price of $23.16 per share, a potential 9.02% upside.

Some recent analyst ratings include

  • 7/21/2017-Jefferies Group LLC Reiterated Rating of Buy.
  • 7/12/2017-Piper Jaffray Companies Reiterated Rating of Neutral.
  • 6/21/2017-Seaport Global Securities was Downgraded by analysts at Seaport Global Securities from a “Buy ” rating to a ” Neutral” rating. They now have a $20.00 price target on the stock, up previously from $25.00 .
  • 4/17/2017-Wolfe Research was Downgraded by analysts at Wolfe Research from a “Outperform ” rating to a ” Market Perform” rating. They now have a $20.00 price target on the stock.
  • 4/12/2017-BMO Capital Markets initiated coverage with a Outperform rating.

Dividend information for RPC (NYSE:RES)

RPC (NYSE:RES) pays an annual dividend of Community Ranking: with a yield of 0.24% and an average dividend growth of -50.00% based on a 3 Year Average.

Dividend History for RPC (NYSE:RES)

  • On 7/26/2017 RPC announced a quarterly dividend of $0.06 1.13% with an ex dividend date of 8/8/2017 which will be payable on 9/11/2017.
  • On 10/26/2016 RPC announced a quarterly dividend of $0.05 1.11% with an ex dividend date of 11/8/2016 which will be payable on 12/9/2016.
  • On 4/29/2015 RPC announced a quarterly dividend of $0.05 2.64% with an ex dividend date of 5/7/2015 which will be payable on 6/10/2015.
  • On 1/28/2015 RPC announced a quarterly dividend of $0.11 with an ex dividend date of 2/6/2015 which will be payable on 3/10/2015.
  • On 10/29/2014 RPC announced a quarterly dividend of $0.11 with an ex dividend date of 11/6/2014 which will be payable on 12/10/2014.
  • On 7/23/2014 RPC announced a quarterly dividend of $0.11 1.69% with an ex dividend date of 8/6/2014 which will be payable on 9/10/2014.
  • On 4/23/2014 RPC announced a quarterly dividend of $0.11 1.87% with an ex dividend date of 5/7/2014 which will be payable on 6/10/2014.

Recent Insider Trading Activity For RPC (NYSE:RES)
RPC (NYSE:RES) has insider ownership of 73.50% and institutional ownership of 40.26%.

  • On 12/12/2016 Gary W Rollins, Director, sold 71,000 with an average share price of $21.14 per share and the total transaction amounting to $1,500,940.00. View SEC Filing
  • On 12/1/2016 Ben M Palmer, CFO, sold 14,521 with an average share price of $20.30 per share and the total transaction amounting to $294,776.30. View SEC Filing
  • On 11/17/2016 Ben M Palmer, CFO, sold 35,479 with an average share price of $17.90 per share and the total transaction amounting to $635,074.10. View SEC Filing
  • On 6/6/2016 Richard A Hubbell, CEO, sold 100,000 with an average share price of $15.79 per share and the total transaction amounting to $1,579,000.00. View SEC Filing
  • On 2/22/2016 Richard A Hubbell, CEO, sold 140,000 with an average share price of $13.19 per share and the total transaction amounting to $1,846,600.00. View SEC Filing
  • On 11/6/2015 James A Lane Jr, Director, sold 30,000 with an average share price of $12.40 per share and the total transaction amounting to $372,000.00. View SEC Filing
  • On 12/15/2014 Gary W Rollins, Director, bought 415,800 with an average share price of $11.99 per share and the total transaction amounting to $4,985,442.00. View SEC Filing

Recent Trading Activity for RPC (NYSE:RES)
Shares of RPC closed the previous trading session at 21.24 up +0.25 1.19% with 3,186,343 shares trading hands.