23.75% to Target, Jefferies Reaffirms “Buy” Rating for RPC (RES) Stock; HCP, Inc. (HCP) Had 3 Bullish Analysts

June 19, 2017 - By Richard Conner

Among 18 analysts covering RPC (NYSE:RES), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. RPC has $26 highest and $8 lowest target. $17.63’s average target is -16.09% below currents $21.01 stock price. RPC had 45 analyst reports since August 14, 2015 according to SRatingsIntel. Wells Fargo upgraded the stock to “Outperform” rating in Monday, January 11 report. Jefferies maintained it with “Buy” rating and $26 target in Friday, April 7 report. The firm has “Neutral” rating given on Monday, August 24 by SunTrust. Credit Suisse initiated RPC, Inc. (NYSE:RES) on Monday, December 21 with “Neutral” rating. The firm earned “Neutral” rating on Friday, March 18 by Citigroup. The stock has “Buy” rating by Nomura on Tuesday, January 17. The firm has “Buy” rating given on Wednesday, January 18 by SunTrust. The stock of RPC, Inc. (NYSE:RES) earned “Buy” rating by Guggenheim on Tuesday, December 22. Citigroup maintained the stock with “Neutral” rating in Friday, August 14 report. The firm has “Equal-Weight” rating given on Thursday, March 17 by Morgan Stanley.

Among 17 analysts covering HCP (NYSE:HCP), 3 have Buy rating, 0 Sell and 14 Hold. Therefore 18% are positive. HCP had 39 analyst reports since September 8, 2015 according to SRatingsIntel. As per Friday, July 8, the company rating was upgraded by Goldman Sachs. The stock of HCP, Inc. (NYSE:HCP) earned “Hold” rating by Argus Research on Monday, January 4. Barclays Capital reinitiated it with “Equal Weight” rating and $32 target in Thursday, January 5 report. The rating was downgraded by Barclays Capital to “Underweight” on Wednesday, January 6. Jefferies maintained HCP, Inc. (NYSE:HCP) on Monday, May 15 with “Hold” rating. The rating was upgraded by Mizuho to “Buy” on Monday, November 21. As per Tuesday, March 15, the company rating was maintained by JP Morgan. Mizuho downgraded the shares of HCP in report on Tuesday, April 11 to “Neutral” rating. The stock of HCP, Inc. (NYSE:HCP) has “Hold” rating given on Tuesday, May 30 by RBC Capital Markets. The stock of HCP, Inc. (NYSE:HCP) has “Neutral” rating given on Thursday, August 25 by BTIG Research. See HCP, Inc. (NYSE:HCP) latest ratings:

14/06/2017 Broker: Raymond James Old Rating: Underperform New Rating: Outperform Upgrade
30/05/2017 Broker: RBC Capital Markets Rating: Hold New Target: $31.0000 Maintain
15/05/2017 Broker: Jefferies Rating: Hold New Target: $32.00 Maintain
24/04/2017 Broker: Mitsubishi UFJ Financial Group Rating: Hold New Target: $32.00 Maintain
11/04/2017 Broker: Mizuho Old Rating: Buy New Rating: Neutral Old Target: $34.00 New Target: $32.00 Downgrade
03/04/2017 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade
27/03/2017 Broker: Evercore Rating: In-Line Upgrade
20/03/2017 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight Upgrade
10/03/2017 Broker: Robert W. Baird Rating: Neutral New Target: $32.00 Initiates Coverage On
25/01/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade

HCP, Inc. is a self-administered real estate investment trust. The company has market cap of $15.39 billion. The Firm invests in real estate serving the healthcare industry in the United States. It has a 19.83 P/E ratio. The Company’s divisions include senior housing triple-net , senior housing operating portfolio (SHOP), life science and medical office.

Since March 16, 2017, it had 0 buys, and 2 selling transactions for $383,004 activity. On Tuesday, June 13 Klaritch Thomas sold $83,595 worth of HCP, Inc. (NYSE:HCP) or 2,651 shares. $299,409 worth of HCP, Inc. (NYSE:HCP) was sold by Anderson Scott A.

The stock increased 1.06% or $0.34 on June 16, reaching $32.51. About shares traded. HCP, Inc. (NYSE:HCP) has risen 8.01% since June 19, 2016 and is uptrending. It has underperformed by 8.69% the S&P500.

Investors sentiment decreased to 0.83 in Q4 2016. Its down 0.13, from 0.96 in 2016Q3. It fall, as 76 investors sold HCP, Inc. shares while 199 reduced holdings. 66 funds opened positions while 161 raised stakes. 417.84 million shares or 0.86% less from 421.45 million shares in 2016Q3 were reported. Cambridge Invest Advisors reported 106,179 shares. Rand Wealth Limited Liability Com has invested 0.18% in HCP, Inc. (NYSE:HCP). A D Beadell Investment Counsel reported 27,825 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt has 0.01% invested in HCP, Inc. (NYSE:HCP) for 26,804 shares. Bennicas Associates Inc holds 26,324 shares or 0.71% of its portfolio. Moreover, Ledyard Comml Bank has 0.01% invested in HCP, Inc. (NYSE:HCP). Princeton Alpha Management L P stated it has 0.06% in HCP, Inc. (NYSE:HCP). Balyasny Asset Management Limited Liability Corp reported 788,338 shares. Hartford Investment reported 166,776 shares. Jane Street Limited Company invested in 17,702 shares or 0% of the stock. Susquehanna Gru Llp holds 0% in HCP, Inc. (NYSE:HCP) or 249,388 shares. S R Schill And holds 0.21% or 10,638 shares. Evercore Wealth Mgmt Limited Liability reported 43 shares. Mutual Of America Capital Management Ltd Com holds 0.03% of its portfolio in HCP, Inc. (NYSE:HCP) for 55,471 shares. Texas Permanent School Fund reported 140,070 shares.

Analysts await RPC, Inc. (NYSE:RES) to report earnings on July, 26. They expect $0.08 earnings per share, up 134.78% or $0.31 from last year’s $-0.23 per share. RES’s profit will be $18.05 million for 65.66 P/E if the $0.08 EPS becomes a reality. After $0.01 actual earnings per share reported by RPC, Inc. for the previous quarter, Wall Street now forecasts 700.00% EPS growth.

RPC, Inc. is a holding company for several oilfield services companies. The company has market cap of $4.74 billion. The Firm provides a range of specialized oilfield services and equipment primarily to independent gas and oil companies engaged in the exploration, production and development of gas and oil properties throughout the United States, including the southwest, mid-continent, Gulf of Mexico, Rocky Mountain and Appalachian regions, and in selected international markets. It currently has negative earnings. The Company’s divisions are Technical Services and Support Services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: