RPC Group (RPC) Rating Reiterated by Deutsche Bank
RPC Group (LON:RPC)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a report issued on Friday. They currently have a GBX 1,180 ($16.00) target price on the stock. Deutsche Bank’s target price would indicate a potential upside of 46.77% from the stock’s previous close.
A number of other research firms have also recently issued reports on RPC. Numis Securities reissued an “add” rating and issued a GBX 1,130 ($15.32) price target on shares of RPC Group in a research note on Thursday, November 30th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,250 ($16.95) price target on shares of RPC Group in a research note on Wednesday, November 15th. reissued an “add” rating and issued a GBX 1,130 ($15.32) price target on shares of RPC Group in a research note on Tuesday, November 14th. Jefferies Group reissued a “buy” rating and issued a GBX 1,150 ($15.60) price target on shares of RPC Group in a research note on Tuesday, November 14th. Finally, Peel Hunt lifted their price target on shares of RPC Group from GBX 1,135 ($15.39) to GBX 1,250 ($16.95) and gave the company a “buy” rating in a research note on Tuesday, October 31st. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,148.75 ($15.58).
Shares of RPC Group (LON:RPC) opened at GBX 804 ($10.90) on Friday. RPC Group has a one year low of GBX 714.50 ($9.69) and a one year high of GBX 1,032 ($14.00). The stock has a market cap of $3,280.00 and a price-to-earnings ratio of 1,576.47.
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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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