Deutsche Bank AG Boosts RPC Group PLC (RPC) Price Target to GBX 1,000
RPC Group PLC (LON:RPC) had its price objective increased by Deutsche Bank AG from GBX 970 ($12.66) to GBX 1,000 ($13.05) in a research report sent to investors on Friday morning. The firm currently has a buy rating on the stock.
Several other equities analysts have also weighed in on the stock. Panmure Gordon restated a buy rating and set a GBX 1,156 ($15.09) target price on shares of RPC Group PLC in a report on Friday, August 5th. Credit Suisse Group AG lifted their target price 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. JPMorgan Chase & Co. lifted their target price 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 report on Friday, July 8th. Jefferies Group lifted their target price on shares of RPC Group PLC from GBX 1,000 ($13.05) to GBX 1,100 ($14.36) and gave the company a buy rating in a report on Wednesday, September 21st. Finally, Numis Securities Ltd lowered shares of RPC Group PLC to an add rating and set a GBX 940 ($12.27) target price on the stock. in a report on Monday, July 11th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of GBX 1,017.22 ($13.28).
Shares of RPC Group PLC (LON:RPC) opened at 984.32 on Friday. The firm’s market cap is GBX 1.85 billion. RPC Group PLC has a 52 week low of GBX 577.88 and a 52 week high of GBX 1,000.00. The stock’s 50 day moving average is GBX 896.33 and its 200 day moving average is GBX 816.56.
In related 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).
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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