Credit Suisse Group AG Reiterates Outperform Rating for RPC Group PLC (RPC)

Credit Suisse Group AG restated their outperform rating on shares of RPC Group PLC (LON:RPC) in a research note published on Friday. They currently have a GBX 1,040 ($12.90) price target on the stock.

A number of other equities research analysts have also commented on RPC. Numis Securities Ltd reaffirmed an add rating and issued a GBX 1,100 ($13.65) price objective (up from GBX 950 ($11.79)) on shares of RPC Group PLC in a research note on Thursday, September 29th. Panmure Gordon upped their price objective on shares of RPC Group PLC from GBX 1,156 ($14.34) to GBX 1,200 ($14.89) and gave the company a buy rating in a research note on Thursday, September 29th. Deutsche Bank AG increased their target price on shares of RPC Group PLC from GBX 970 ($12.03) to GBX 1,000 ($12.41) and gave the stock a buy rating in a research note on Friday, September 30th. JPMorgan Chase & Co. reissued an overweight rating on shares of RPC Group PLC in a research note on Friday, September 30th. Finally, Berenberg Bank initiated coverage on shares of RPC Group PLC in a research note on Thursday, September 15th. They set a buy rating and a GBX 1,050 ($13.03) target price on the stock. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of GBX 1,028.33 ($12.76).

Analyst Recommendations for RPC Group PLC (LON:RPC)

RPC Group PLC (LON:RPC) opened at 1077.00 on Friday. RPC Group PLC has a 1-year low of GBX 646.50 and a 1-year high of GBX 1,106.00. The firm’s market capitalization is GBX 2.02 billion. The stock’s 50 day moving average is GBX 960.38 and its 200 day moving average is GBX 874.33.

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The firm also recently disclosed a dividend, which will be paid on Friday, January 27th. Shareholders of record on Thursday, December 29th will be paid a GBX 6.50 ($0.08) dividend. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, December 29th.

RPC Group PLC Company Profile

RPC Group Plc is a plastic products design and engineering company. The Company offers a range of consumer products and technical components for the packaging and non-packaging markets. The Company’s business is organized into two segments: Packaging and Non-packaging. The Packaging business serves the food, nonfood (including (general industrial, agrochemical and automotive), personal care (mass personal care, cosmetics and beauty), beverage and healthcare ((pharmaceuticals) markets.

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