RPC Group PLC (LON:RPC) has been assigned an average rating of “Buy” from the nine research firms that are presently covering the stock. One investment analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,019.38 ($12.42).
RPC has been the topic of a number of research analyst reports. Credit Suisse Group AG restated an “outperform” rating and set a GBX 1,025 ($12.49) price target on shares of RPC Group PLC in a research note on Tuesday, August 30th. JPMorgan Chase & Co. restated an “overweight” rating on shares of RPC Group PLC in a research note on Friday, September 30th. Berenberg Bank assumed coverage on RPC Group PLC in a research note on Thursday, September 15th. They set a “buy” rating and a GBX 1,050 ($12.80) price target on the stock. Deutsche Bank AG lifted their target price on RPC Group PLC from GBX 970 ($11.82) to GBX 1,000 ($12.19) and gave the stock a “buy” rating in a report on Friday, September 30th. Finally, Jefferies Group lifted their target price on RPC Group PLC from GBX 1,000 ($12.19) to GBX 1,100 ($13.41) and gave the stock a “buy” rating in a report on Wednesday, September 21st.
Shares of RPC Group PLC (LON:RPC) opened at 977.50 on Friday. The firm’s 50-day moving average is GBX 926.84 and its 200-day moving average is GBX 833.21. RPC Group PLC has a one year low of GBX 584.83 and a one year high of GBX 1,002.00. The stock’s market capitalization is GBX 1.84 billion.
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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