RPC Group PLC (RPC) Receives Overweight Rating from JPMorgan Chase & Co.
Several other equities analysts have also weighed in on the stock. Deutsche Bank AG raised 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 report on Friday, September 30th. Panmure Gordon raised 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 research report on Thursday, September 29th. Numis Securities Ltd reaffirmed an add rating and set a GBX 1,100 ($14.36) price objective (up previously from GBX 950 ($12.40)) on shares of RPC Group PLC in a research report on Thursday, September 29th. Credit Suisse Group AG raised 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. Finally, Jefferies Group raised their price objective 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 research report on Wednesday, September 21st. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of GBX 1,017.22 ($13.28).
Shares of RPC Group PLC (LON:RPC) opened at 993.50 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 firm’s market capitalization is GBX 1.87 billion. The company has a 50-day moving average of GBX 899.24 and a 200 day moving average of GBX 818.35.
In other RPC Group PLC news, insider Kesterton,Simon sold 86,754 shares of the stock in a transaction that occurred 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).
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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