RPC Group PLC’s (RPC) Outperform Rating Reiterated at Credit Suisse Group AG
RPC Group PLC (LON:RPC)‘s stock had its “outperform” rating reiterated by analysts at Credit Suisse Group AG in a report issued on Friday. They currently have a GBX 1,040 ($13.58) price target on the stock. Credit Suisse Group AG’s price target points to a potential upside of 4.79% from the stock’s current price.
RPC has been the subject of several other reports. Berenberg Bank assumed coverage on RPC Group PLC in a report on Thursday, September 15th. They issued a “buy” rating and a GBX 1,050 ($13.71) price target for the company. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of RPC Group PLC in a report on Friday, September 30th. Deutsche Bank AG boosted their price target on RPC Group PLC from GBX 970 ($12.66) to GBX 1,000 ($13.05) and gave the company a “buy” rating in a report on Friday, September 30th. Jefferies Group boosted their price target on RPC Group PLC from GBX 1,000 ($13.05) to GBX 1,100 ($14.36) and gave the company a “buy” rating in a report on Wednesday, September 21st. Finally, Panmure Gordon reiterated an “under review” rating on shares of RPC Group PLC in a report on Monday, July 11th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. RPC Group PLC has a consensus rating of “Buy” and a consensus target price of GBX 1,017.22 ($13.28).
RPC Group PLC (LON:RPC) opened at 992.50 on Friday. The stock’s market capitalization is GBX 1.86 billion. RPC Group PLC has a 12-month low of GBX 577.88 and a 12-month high of GBX 1,001.00. The company has a 50-day moving average price of GBX 901.68 and a 200-day moving average price of GBX 819.96.
In other news, insider Kesterton,Simon sold 86,754 shares of the company’s stock in a transaction on Wednesday, July 13th. The stock was 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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