RPC Group PLC (LON:RPC)‘s stock had its “overweight” rating reissued by JPMorgan Chase & Co. in a report released on Friday.
A number of other equities research analysts have also commented on RPC. Deutsche Bank AG upped their price objective on shares of RPC Group PLC from GBX 970 ($12.66) to GBX 1,000 ($13.05) and gave the company a “buy” rating in a research note on Friday. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 1,025 ($13.38) price objective on shares of RPC Group PLC in a research note on Tuesday, August 30th. Jefferies Group reaffirmed a “buy” rating and issued a GBX 1,000 ($13.05) price objective on shares of RPC Group PLC in a research note on Tuesday, July 5th. Panmure Gordon increased their target price on shares of RPC Group PLC from GBX 1,156 ($15.09) to GBX 1,200 ($15.66) and gave the stock a “buy” rating in a research note on Thursday. Finally, Numis Securities Ltd reissued an “add” rating and set a GBX 1,100 ($14.36) target price on shares of RPC Group PLC in a research note on Thursday. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 1,017.22 ($13.28).
RPC Group PLC (LON:RPC) opened at 958.50 on Friday. The stock has a 50 day moving average of GBX 888.65 and a 200-day moving average of GBX 811.18. The company’s market cap is GBX 1.80 billion. RPC Group PLC has a 12 month low of GBX 577.41 and a 12 month high of GBX 1,000.00.
In other RPC Group PLC news, insider Kesterton,Simon sold 86,754 shares of the company’s stock in a transaction on Wednesday, July 13th. The shares were sold at an average price of GBX 803 ($10.48), for a total transaction of £696,634.62 ($909,325.96).
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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