RPC Group PLC (RPC) Price Target Raised to GBX 1,200 at Panmure Gordon
RPC Group PLC (LON:RPC) had its price objective upped by Panmure Gordon from GBX 1,156 ($15.09) to GBX 1,200 ($15.66) in a research note issued to investors on Thursday. Panmure Gordon currently has a buy rating on the stock.
Other research analysts have also issued research reports about the stock. Numis Securities Ltd lowered shares of RPC Group PLC to an add rating and set a GBX 940 ($12.27) price target on the stock. in a research note on Monday, July 11th. JPMorgan Chase & Co. lifted their price target on shares of RPC Group PLC from GBX 978 ($12.77) to GBX 1,004 ($13.11) and gave the company an overweight rating in a research note on Friday, July 8th. Jefferies Group reaffirmed a buy rating and issued a GBX 1,000 ($13.05) price target on shares of RPC Group PLC in a research note on Tuesday, July 12th. Finally, Deutsche Bank AG lifted their price target 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. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of Buy and an average price target of GBX 1,017.22 ($13.28).
RPC Group PLC (LON:RPC) opened at 957.50 on Thursday. RPC Group PLC has a 1-year low of GBX 577.41 and a 1-year high of GBX 1,000.00. The firm’s market capitalization is GBX 1.80 billion. The company has a 50-day moving average of GBX 888.65 and a 200-day moving average of GBX 811.18.
In related news, insider Kesterton,Simon sold 86,754 shares of the business’s stock in a transaction 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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