Jefferies Group Research Analysts Raise Earnings Estimates for RPC Group PLC (RPCGF)

RPC Group PLC (OTCMKTS:RPCGF) – Analysts at Jefferies Group raised their FY2018 EPS estimates for RPC Group in a research note issued on Wednesday. Jefferies Group analyst J. Jordan now expects that the company will post earnings per share of $0.92 for the year, up from their prior estimate of $0.85. Jefferies Group also issued estimates for RPC Group’s FY2019 earnings at $0.99 EPS and FY2020 earnings at $1.04 EPS.

Separately, Zacks Investment Research raised shares of RPC Group from a “hold” rating to a “strong-buy” rating and set a $12.00 price objective for the company in a research note on Tuesday.

Shares of RPC Group (OTCMKTS RPCGF) remained flat at $$12.21 during trading hours on Monday. RPC Group has a 12 month low of $9.06 and a 12 month high of $11.51. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 1.27.

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