RPC Group PLC (LON:RPC)‘s stock had its “outperform” rating reaffirmed by Credit Suisse Group AG in a research report issued on Friday. They presently have a GBX 1,040 ($12.87) price target on the stock. Credit Suisse Group AG’s price target suggests a potential upside of 4.63% from the stock’s previous close.
Several other equities analysts have also commented on the company. Jefferies Group reiterated a “buy” rating and set a GBX 1,100 ($13.61) price objective on shares of RPC Group PLC in a research report on Friday, September 30th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of RPC Group PLC in a research report on Friday, September 30th. Deutsche Bank AG increased their price objective on RPC Group PLC from GBX 970 ($12.00) to GBX 1,000 ($12.38) and gave the company a “buy” rating in a research report on Friday, September 30th. Panmure Gordon increased their price objective on RPC Group PLC from GBX 1,156 ($14.31) to GBX 1,200 ($14.85) and gave the company a “buy” rating in a research report on Thursday, September 29th. Finally, Numis Securities Ltd reiterated an “add” rating and set a GBX 1,100 ($13.61) price objective (up from GBX 950 ($11.76)) on shares of RPC Group PLC in a research report on Thursday, September 29th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. RPC Group PLC presently has a consensus rating of “Buy” and an average price target of GBX 1,017.22 ($12.59).
Shares of RPC Group PLC (LON:RPC) opened at 995.3793 on Friday. The stock’s 50 day moving average price is GBX 908.92 and its 200 day moving average price is GBX 823.99. The company’s market cap is GBX 1.87 billion. RPC Group PLC has a 12-month low of GBX 577.88 and a 12-month high of GBX 1,002.00.
In other RPC Group PLC news, insider Kesterton,Simon sold 86,754 shares of the stock in a transaction that occurred on Wednesday, July 13th. The stock was sold at an average price of GBX 803 ($9.94), for a total value of £696,634.62 ($862,171.56).
About RPC Group PLC
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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