P10 (NYSE:RPC) Price Target Lowered to $11.00 at Barclays

P10 (NYSE:RPC) had its price objective dropped by research analysts at Barclays from $13.00 to $11.00 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price objective indicates a potential upside of 27.02% from the company’s current price.

Separately, Zacks Research raised shares of P10 from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Strong Buy” and a consensus price target of $11.00.

P10 Price Performance

Shares of RPC traded up $0.16 on Friday, hitting $8.66. The company’s stock had a trading volume of 439,051 shares, compared to its average volume of 536,884. The company has a market capitalization of $952.73 million, a P/E ratio of -3.00 and a beta of 0.80. P10 has a fifty-two week low of $8.15 and a fifty-two week high of $13.47.

P10 (NYSE:RPC) last announced its earnings results on Thursday, February 12th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The business had revenue of $81.05 million during the quarter, compared to analyst estimates of $79.97 million.

P10 Company Profile

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.