RPC Group PLC (RPC) Receives Average Rating of “Buy” from Brokerages
Shares of RPC Group PLC (LON:RPC) have received a consensus recommendation of “Buy” from the nine analysts that are covering the firm. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,019.38 ($12.62).
Several brokerages recently weighed in on RPC. Numis Securities Ltd lowered shares of RPC Group PLC to an “add” rating and set a GBX 940 ($11.63) price objective on the stock. in a research report on Monday, July 11th. JPMorgan Chase & Co. raised their price objective on shares of RPC Group PLC from GBX 978 ($12.10) to GBX 1,004 ($12.43) and gave the company an “overweight” rating in a research report on Friday, July 8th. Jefferies Group reaffirmed a “buy” rating and set a GBX 1,000 ($12.38) price objective on shares of RPC Group PLC in a research report on Tuesday, July 12th. Panmure Gordon reaffirmed a “buy” rating and set a GBX 1,156 ($14.31) price objective on shares of RPC Group PLC in a research report on Friday, August 5th. Finally, Deutsche Bank AG raised their price objective on shares of RPC Group PLC from GBX 870 ($10.77) to GBX 970 ($12.00) and gave the company a “buy” rating in a research report on Wednesday, August 17th.
RPC Group PLC (LON:RPC) traded down 0.40% during mid-day trading on Friday, reaching GBX 985.00. 1,462,637 shares of the company traded hands. The company’s market capitalization is GBX 1.85 billion. The stock has a 50 day moving average price of GBX 918.92 and a 200-day moving average price of GBX 827.65. RPC Group PLC has a 52-week low of GBX 581.12 and a 52-week high of GBX 1,002.00.
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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