RPC Group PLC (LON:RPC)‘s stock had its “add” rating reaffirmed by research analysts at Numis Securities Ltd in a report issued on Thursday. They presently have a GBX 1,100 ($14.36) price target on the stock, up from their prior price target of GBX 950 ($12.40). Numis Securities Ltd’s price target suggests a potential upside of 14.58% from the stock’s previous close.
A number of other brokerages also recently commented on RPC. JPMorgan Chase & Co. boosted their price objective on shares of RPC Group PLC from GBX 978 ($12.77) to GBX 1,004 ($13.11) and gave the company an “overweight” rating in a research report on Friday, July 8th. Jefferies Group boosted their price objective on shares of RPC Group PLC from GBX 900 ($11.75) to GBX 950 ($12.40) and gave the company a “buy” rating in a research report on Wednesday, June 1st. Credit Suisse Group AG boosted their price objective on shares of RPC Group PLC from GBX 1,025 ($13.38) to GBX 1,040 ($13.58) and gave the company an “outperform” rating in a research report on Wednesday, September 28th. Panmure Gordon reaffirmed an “under review” rating on shares of RPC Group PLC in a research report on Monday, July 11th. Finally, Deutsche Bank AG boosted their price objective on shares of RPC Group PLC from GBX 820 ($10.70) to GBX 870 ($11.36) and gave the company a “buy” rating in a research report on Friday, June 3rd. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 1,017.22 ($13.28).
Shares of RPC Group PLC (LON:RPC) opened at 964.50 on Thursday. The company’s 50-day moving average is GBX 890.22 and its 200 day moving average is GBX 812.64. RPC Group PLC has a 1-year low of GBX 577.88 and a 1-year high of GBX 1,000.00. The stock’s market cap is GBX 1.81 billion.
In other RPC Group PLC news, insider Kesterton,Simon sold 86,754 shares of the business’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).
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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