RPC (NYSE: RES) updated their stock ratings and price targets

Several investment firms have updated their stock ratings and price targets on shares of RPC (NYSE: RES) in the last week:
RPC had its price target lowered by analysts at Dahlman Rose from $22.00 to $17.00. They now have a “hold” rating on the stock.
RPC was downgraded by analysts at Pritchard from a “buy” rating to a “neutral” rating.
RPC was downgraded by analysts at SunTrust from a “buy” rating to a “neutral” rating.
RPC was downgraded by analysts at Pritchard Capital to a “neutral” rating.
About RPC, Inc:
RPC, Inc. (RPC) is a holding company. RPC provides a range of specialized oilfield services and equipment primarily to oil and gas companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Rocky Mountain and northeast regions, and in selected international markets. The services and equipment provided include, among others, pressure pumping services, coiled tubing services, snubbing services (hydraulic workover services), nitrogen services, the rental of drill pipe and other specialized oilfield equipment, downhole tool services and well control. RPC is a holding company for Cudd Energy Services, Patterson Rental and Fishing Tools, Bronco Oilfield Services, Thru Tubing Solutions, Well Control School, and others. RPC’s operates in two oil and gas services business segments: Technical Services and Support Services.
RPC, Inc opened at 15.24 on Monday. RPC, Inc has a 52-week low of $14.21 and a 52-week high of $29.05. The stock has a 50-day moving average of $18.25 and a 200-day moving average of $20.46. The company has a market cap of $2.210 billion and a price-to-earnings ratio of 7.54