RPC Group PLC (RPC) Given Consensus Rating of “Buy” by Brokerages
RPC Group PLC (LON:RPC) has been assigned a consensus rating of “Buy” from the nine research firms that are currently covering the firm. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 1,019.38 ($12.74).
A number of research analysts recently issued reports on RPC shares. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of RPC Group PLC in a research note on Friday, September 30th. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 1,025 ($12.81) price objective on shares of RPC Group PLC in a research note on Tuesday, August 30th. Berenberg Bank started coverage on RPC Group PLC in a research note on Thursday, September 15th. They set a “buy” rating and a GBX 1,050 ($13.12) price objective for the company. Deutsche Bank AG boosted their price objective on RPC Group PLC from GBX 970 ($12.12) to GBX 1,000 ($12.49) and gave the company a “buy” rating in a research note on Friday, September 30th. Finally, Numis Securities Ltd reiterated an “add” rating and set a GBX 1,100 ($13.74) price objective (up from GBX 950 ($11.87)) on shares of RPC Group PLC in a research note on Thursday, September 29th.
RPC Group PLC (LON:RPC) remained flat at GBX 946.00 on Monday. The company had a trading volume of 1,021,829 shares. The company has a 50 day moving average price of GBX 960.57 and a 200 day moving average price of GBX 863.40. The firm’s market cap is GBX 1.78 billion. RPC Group PLC has a one year low of GBX 629.32 and a one year high of GBX 1,002.00.
RPC Group PLC Company Profile
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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