Several other analysts also recently commented on the stock. JPMorgan Chase & Co. restated an overweight rating on shares of RPC Group PLC in a report on Friday. Deutsche Bank AG raised their target price on shares of RPC Group PLC from GBX 970 ($12.66) to GBX 1,000 ($13.05) and gave the stock a buy rating in a report on Friday. Panmure Gordon lifted their price objective on shares of RPC Group PLC from GBX 1,156 ($15.09) to GBX 1,200 ($15.66) and gave the company a buy rating in a report on Thursday. Numis Securities Ltd reiterated an add rating and issued a GBX 1,100 ($14.36) price objective (up from GBX 950 ($12.40)) on shares of RPC Group PLC in a report on Thursday. Finally, Credit Suisse Group AG lifted 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 report on Wednesday, September 28th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The company has a consensus rating of Buy and an average target price of GBX 1,017.22 ($13.28).
RPC Group PLC (LON:RPC) traded up 1.04% on Friday, reaching GBX 970.00. 1,689,975 shares of the company’s stock were exchanged. The firm has a 50-day moving average of GBX 890.22 and a 200-day moving average of GBX 812.64. The firm’s market capitalization is GBX 1.82 billion. RPC Group PLC has a 12 month low of GBX 577.88 and a 12 month high of GBX 1,000.00.
In other RPC Group PLC news, insider Kesterton,Simon sold 86,754 shares of RPC Group PLC 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).
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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