Jefferies Group reiterated their buy rating on shares of RPC Group PLC (LON:RPC) in a report issued on Thursday morning. The brokerage currently has a GBX 1,220 ($14.84) target price on the stock.

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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