RPC Group PLC (LON:RPC) had its price target raised by Credit Suisse Group AG from GBX 1,025 ($13.38) to GBX 1,040 ($13.58) in a research report sent to investors on Wednesday. Credit Suisse Group AG currently has an outperform rating on the stock.
Several other research firms have also commented on RPC. Jefferies Group lifted their price target on shares of RPC Group PLC from GBX 1,000 ($13.05) to GBX 1,100 ($14.36) and gave the company a buy rating in a report on Wednesday, September 21st. Deutsche Bank AG lifted their price target on shares of RPC Group PLC from GBX 870 ($11.36) to GBX 970 ($12.66) and gave the company a buy rating in a report on Wednesday, August 17th. Berenberg Bank began coverage on shares of RPC Group PLC in a report on Thursday, September 15th. They issued a buy rating and a GBX 1,050 ($13.71) price target for the company. Panmure Gordon reaffirmed a buy rating and issued a GBX 1,156 ($15.09) price target on shares of RPC Group PLC in a report on Friday, August 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of RPC Group PLC from GBX 923 ($12.05) to GBX 1,004 ($13.11) and gave the company an overweight rating in a report on Tuesday, June 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. RPC Group PLC currently has an average rating of Buy and an average price target of GBX 1,017.22 ($13.28).
RPC Group PLC (LON:RPC) opened at 964.50 on Wednesday. RPC Group PLC has a one year low of GBX 577.88 and a one year high of GBX 1,000.00. The stock’s market capitalization is GBX 1.81 billion. The firm has a 50-day moving average of GBX 890.22 and a 200-day moving average of GBX 812.64.
In other news, insider Kesterton,Simon sold 86,754 shares of the company’s stock in a transaction that occurred on Wednesday, July 13th. The shares were sold at an average price of GBX 803 ($10.48), for a total value of £696,634.62 ($909,325.96).
RPC Group PLC Company Profile
RPC Group Plc is a United Kingdom-based plastic products design and engineering company. The Company offers a range of consumer products and technical components for packaging and non-packaging markets. The Company’s segments include injection moulding, thermoforming and blow moulding. The injection moulding segment consists of the Superfos, Bramlage-Wiko, UKIM and Ace clusters.
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