Is Rpc Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: RES) stock is to Hold RES stock.
Out of 2 analysts, 0 (0%) are recommending RES as a Strong Buy, 0 (0%) are recommending RES as a Buy, 2 (100%) are recommending RES as a Hold, 0 (0%) are recommending RES as a Sell, and 0 (0%) are recommending RES as a Strong Sell.
What is RES's forecast return on equity (ROE) for 2023-2024?
(NYSE: RES) forecast ROE is 24.49%, which is considered strong.
What is RES's Price Target?
According to 2 Wall Street analysts that have issued a 1 year RES price target, the average RES price target is $29.13, with the highest RES stock price forecast at $50.00 and the lowest RES stock price forecast at $8.25.
On average, Wall Street analysts predict that Rpc's share price could reach $29.13 by May 2, 2024. The average Rpc stock price prediction forecasts a potential upside of 337.97% from the current RES share price of $6.65.
What is RES's forecast return on assets (ROA) for 2023-2024?
(NYSE: RES) forecast ROA is 19.13%, which is higher than the forecast US Oil & Gas Equipment & Services industry average of 9.77%.
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