RPC Group PLC (RPC) Rating Reiterated by Panmure Gordon
RPC Group PLC (LON:RPC)‘s stock had its “buy” rating reiterated by stock analysts at Panmure Gordon in a note issued to investors on Wednesday. They presently have a GBX 1,200 ($14.89) target price on the stock. Panmure Gordon’s price objective points to a potential upside of 19.76% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Jefferies Group reaffirmed a “buy” rating and issued a GBX 1,100 ($13.65) price objective on shares of RPC Group PLC in a research report on Monday. Credit Suisse Group AG boosted their price objective on shares of RPC Group PLC from GBX 1,025 ($12.72) to GBX 1,040 ($12.90) and gave the company an “outperform” rating in a research report on Wednesday, September 28th. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 1,100 ($13.65) price objective (up from GBX 950 ($11.79)) on shares of RPC Group PLC in a research report on Thursday, September 29th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of RPC Group PLC in a research report on Friday, September 30th. Finally, Deutsche Bank AG boosted their price objective on shares of RPC Group PLC from GBX 870 ($10.79) to GBX 970 ($12.03) and gave the company a “buy” rating in a research report on Wednesday, August 17th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. RPC Group PLC has a consensus rating of “Buy” and a consensus target price of GBX 1,028.33 ($12.76).
Shares of RPC Group PLC (LON:RPC) opened at 1080.00 on Wednesday. The stock has a 50 day moving average price of GBX 960.38 and a 200 day moving average price of GBX 874.33. RPC Group PLC has a 12 month low of GBX 646.50 and a 12 month high of GBX 1,106.00. The firm’s market capitalization is GBX 2.03 billion.
RPC Group PLC Company Profile
RPC Group Plc is a plastic products design and engineering company. The Company offers a range of consumer products and technical components for the packaging and non-packaging markets. The Company’s business is organized into two segments: Packaging and Non-packaging. The Packaging business serves the food, nonfood (including (general industrial, agrochemical and automotive), personal care (mass personal care, cosmetics and beauty), beverage and healthcare ((pharmaceuticals) markets.
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