RPC Group PLC (LON:RPC)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Group in a research report issued to clients and investors on Friday. They presently have a GBX 1,100 ($14.36) price objective on the stock. Jefferies Group’s price target indicates a potential upside of 12.24% from the stock’s previous close.
Several other analysts also recently weighed in on RPC. Deutsche Bank AG upped their price target on RPC Group PLC from GBX 820 ($10.70) to GBX 870 ($11.36) and gave the stock a “buy” rating in a research note on Friday, June 3rd. JPMorgan Chase & Co. restated an “overweight” rating on shares of RPC Group PLC in a research note on Friday, June 3rd. Numis Securities Ltd restated an “add” rating and issued a GBX 900 ($11.75) price target on shares of RPC Group PLC in a research note on Thursday, June 9th. Panmure Gordon restated an “under review” rating on shares of RPC Group PLC in a research note on Monday, July 11th. Finally, Credit Suisse Group AG initiated coverage on RPC Group PLC in a research note on Monday, July 25th. They issued an “outperform” rating and a GBX 1,025 ($13.38) price target on the stock. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. RPC Group PLC currently has a consensus rating of “Buy” and an average target price of GBX 1,017.22 ($13.28).
RPC Group PLC (LON:RPC) opened at 992.775 on Friday. RPC Group PLC has a 12 month low of GBX 577.88 and a 12 month high of GBX 1,000.00. The stock has a 50 day moving average price of GBX 893.06 and a 200 day moving average price of GBX 815.23. The stock’s market capitalization is GBX 1.86 billion.
In other news, insider Kesterton,Simon sold 86,754 shares of the stock in a transaction on Wednesday, July 13th. The stock was 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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