RPC Group Plc (RPC) Earns “Buy” Rating from Peel Hunt
RPC Group Plc (LON:RPC)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a research note issued on Tuesday. They presently have a GBX 1,250 ($16.44) target price on the stock. Peel Hunt’s price objective would indicate a potential upside of 34.84% from the company’s current price.
Other analysts have also recently issued research reports about the stock. Jefferies Group LLC restated a “buy” rating and set a GBX 1,150 ($15.13) target price on shares of RPC Group Plc in a report on Tuesday. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 1,250 ($16.44) target price on shares of RPC Group Plc in a report on Thursday, July 20th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 1,130 ($14.86) price target on shares of RPC Group Plc in a research report on Wednesday, July 19th. Berenberg Bank reaffirmed a “buy” rating on shares of RPC Group Plc in a research report on Wednesday, September 6th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 1,180 ($15.52) price target on shares of RPC Group Plc in a research report on Tuesday, September 12th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. RPC Group Plc presently has a consensus rating of “Buy” and an average target price of GBX 1,187.50 ($15.62).
Shares of RPC Group Plc (LON:RPC) opened at GBX 927 ($12.19) on Tuesday. RPC Group Plc has a fifty-two week low of GBX 714.50 ($9.40) and a fifty-two week high of GBX 1,032.19 ($13.58).
About RPC Group Plc
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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