Berenberg Bank reissued their buy rating on shares of RPC Group PLC (LON:RPC) in a report released on Wednesday.

Several other research firms have also recently issued reports on RPC. Deutsche Bank AG reiterated a buy rating and set a GBX 1,140 ($14.72) target price on shares of RPC Group PLC in a research report on Friday, June 9th. Credit Suisse Group boosted their target price on RPC Group PLC from GBX 1,175 ($15.17) to GBX 1,180 ($15.24) and gave the stock an outperform rating in a research report on Monday, July 3rd. Peel Hunt reiterated a buy rating and set a GBX 1,135 ($14.66) target price on shares of RPC Group PLC in a research report on Tuesday, June 13th. J P Morgan Chase & Co reiterated an overweight rating and set a GBX 1,250 ($16.14) target price on shares of RPC Group PLC in a research report on Thursday, June 8th. Finally, Numis Securities Ltd reiterated a buy rating and set a GBX 1,130 ($14.59) target price on shares of RPC Group PLC in a research report on Wednesday, July 19th. Eight analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and an average price target of GBX 1,173.13 ($15.15).

Shares of RPC Group PLC (RPC) opened at 926.50 on Wednesday. The firm has a 50-day moving average price of GBX 897.54 and a 200 day moving average price of GBX 847.10. RPC Group PLC has a one year low of GBX 714.82 and a one year high of GBX 1,032.19. The firm’s market capitalization is GBX 1.74 billion.

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In related news, insider Simon Kesterton sold 40,648 shares of the company’s stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of GBX 886 ($11.44), for a total value of £360,141.28 ($465,118.53). Also, insider Petrus R. M. Vervaat purchased 10,000 shares of the stock in a transaction that occurred on Monday, June 12th. The stock was purchased at an average price of GBX 773 ($9.98) per share, for a total transaction of £77,300 ($99,832.11).

About RPC Group PLC

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.

Analyst Recommendations for RPC Group PLC (LON:RPC)

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