RPC Group PLC’s (RPC) “Overweight” Rating Reaffirmed at JPMorgan Chase & Co.
RPC has been the subject of a number of other reports. Panmure Gordon lifted their price objective on shares of RPC Group PLC from GBX 1,156 ($15.09) to GBX 1,200 ($15.66) and gave the stock a buy rating in a research report on Thursday. Berenberg Bank began coverage on shares of RPC Group PLC in a research report on Thursday, September 15th. They set a buy rating and a GBX 1,050 ($13.71) price objective for the company. Credit Suisse Group AG began coverage on shares of RPC Group PLC in a research report on Monday, July 25th. They set an outperform rating and a GBX 1,025 ($13.38) price objective for the company. Numis Securities Ltd cut shares of RPC Group PLC to an add rating and set a GBX 940 ($12.27) target price for the company. in a research report on Monday, July 11th. Finally, Deutsche Bank AG boosted their target price on shares of RPC Group PLC from GBX 970 ($12.66) to GBX 1,000 ($13.05) and gave the company a buy rating in a research report on Friday. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 1,017.22 ($13.28).
RPC Group PLC (LON:RPC) traded up 1.04% on Friday, reaching GBX 970.00. 1,689,975 shares of the company’s stock traded hands. The stock’s 50 day moving average is GBX 890.22 and its 200 day moving average is GBX 812.64. The firm’s market cap is GBX 1.82 billion. RPC Group PLC has a 52-week low of GBX 577.88 and a 52-week high of GBX 1,000.00.
In related news, insider Kesterton,Simon sold 86,754 shares of the business’s stock in a transaction dated Wednesday, July 13th. The stock was sold at an average price of GBX 803 ($10.48), for a total value of £696,634.62 ($909,325.96).
About RPC Group PLC
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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