RPC Group PLC (RPC) Receives “Buy” Rating from Jefferies Group
Other research analysts have also recently issued research reports about the company. Berenberg Bank lifted their price objective on RPC Group PLC from GBX 1,050 ($12.77) to GBX 1,200 ($14.59) and gave the company a buy rating in a research note on Thursday, December 1st. J P Morgan Chase & Co lifted their price objective on RPC Group PLC from GBX 1,000 ($12.16) to GBX 1,180 ($14.35) and gave the company an overweight rating in a research note on Thursday, December 1st. Peel Hunt reiterated a buy rating and set a GBX 1,225 ($14.90) price objective on shares of RPC Group PLC in a research note on Thursday, January 5th. Credit Suisse Group reissued an outperform rating and issued a GBX 1,210 ($14.71) target price on shares of RPC Group PLC in a report on Tuesday, January 3rd. Finally, Numis Securities Ltd reissued an add rating and issued a GBX 1,200 ($14.59) target price on shares of RPC Group PLC in a report on Thursday, December 15th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of GBX 1,110 ($13.50).
Shares of RPC Group PLC (LON:RPC) traded down 0.47% on Thursday, hitting GBX 1065.00. The stock had a trading volume of 2,597,673 shares. The stock has a 50 day moving average of GBX 1,036.82 and a 200-day moving average of GBX 925.38. The stock’s market cap is GBX 2.00 billion. RPC Group PLC has a 12 month low of GBX 646.50 and a 12 month high of GBX 1,106.00.
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The business also recently announced a dividend, which will be paid on Friday, January 27th. Investors of record on Thursday, December 29th will be given a dividend of GBX 6.50 ($0.08) per share. The ex-dividend date is Thursday, December 29th. This represents a yield of 0.6%.
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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