RPC Group PLC (RPC) Price Target Increased to GBX 1,040 by Analysts at Credit Suisse Group AG
RPC Group PLC (LON:RPC) had its price target raised by Credit Suisse Group AG from GBX 1,025 ($13.38) to GBX 1,040 ($13.58) in a report published on Wednesday. They currently have an outperform rating on the stock.
A number of other brokerages have also recently weighed in on RPC. Jefferies Group lifted their price target on shares of RPC Group PLC from GBX 1,000 ($13.05) to GBX 1,100 ($14.36) and gave the company a buy rating in a research report on Wednesday, September 21st. Deutsche Bank AG raised their price objective on shares of RPC Group PLC from GBX 870 ($11.36) to GBX 970 ($12.66) and gave the company a buy rating in a research note on Wednesday, August 17th. Berenberg Bank started coverage on shares of RPC Group PLC in a research note on Thursday, September 15th. They issued a buy rating and a GBX 1,050 ($13.71) price objective for the company. Panmure Gordon reissued a buy rating and issued a GBX 1,156 ($15.09) price objective on shares of RPC Group PLC in a research note on Friday, August 5th. Finally, JPMorgan Chase & Co. raised their price objective on shares of RPC Group PLC from GBX 923 ($12.05) to GBX 1,004 ($13.11) and gave the company an overweight rating in a research note on Tuesday, June 14th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of GBX 1,013.89 ($13.23).
Shares of RPC Group PLC (LON:RPC) opened at 959.64 on Wednesday. The firm has a 50-day moving average of GBX 886.20 and a 200-day moving average of GBX 810.58. The company’s market capitalization is GBX 1.80 billion. RPC Group PLC has a one year low of GBX 577.41 and a one year high of GBX 1,000.00.
In other news, insider Kesterton,Simon sold 86,754 shares of the business’s stock in a transaction that occurred on Wednesday, July 13th. The shares were sold at an average price of GBX 803 ($10.48), for a total transaction of £696,634.62 ($909,325.96).
RPC Group PLC Company Profile
RPC Group Plc is a United Kingdom-based plastic products design and engineering company. The Company offers a range of consumer products and technical components for packaging and non-packaging markets. The Company’s segments include injection moulding, thermoforming and blow moulding. The injection moulding segment consists of the Superfos, Bramlage-Wiko, UKIM and Ace clusters.
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