RPC Group PLC’s (RPC) Outperform Rating Reaffirmed at Credit Suisse Group
Credit Suisse Group restated their outperform rating on shares of RPC Group PLC (LON:RPC) in a research report sent to investors on Tuesday morning. They currently have a GBX 1,180 ($15.24) price target on the stock.
A number of other equities research analysts also recently weighed in on the stock. Numis Securities Ltd restated a buy rating and issued a GBX 1,200 ($15.50) price target on shares of RPC Group PLC in a research note on Friday, June 2nd. Deutsche Bank AG restated a buy rating and issued a GBX 1,140 ($14.72) price target on shares of RPC Group PLC in a research note on Friday, June 9th. Peel Hunt restated a buy rating and issued a GBX 1,135 ($14.66) price target on shares of RPC Group PLC in a research note on Friday, July 7th. J P Morgan Chase & Co restated an overweight rating and issued a GBX 1,250 ($16.14) price target on shares of RPC Group PLC in a research note on Thursday, July 20th. Finally, Jefferies Group LLC restated a buy rating and issued a GBX 1,150 ($14.85) price target on shares of RPC Group PLC in a research note on Wednesday, May 24th. Eight equities research analysts have rated the stock with a buy rating, The stock has an average rating of Buy and an average price target of GBX 1,173.13 ($15.15).
RPC Group PLC (LON:RPC) opened at 940.00 on Tuesday. The firm has a 50 day moving average of GBX 900.58 and a 200-day moving average of GBX 845.98. RPC Group PLC has a 52 week low of GBX 714.50 and a 52 week high of GBX 1,032.19. The company’s market capitalization is GBX 1.77 billion.
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In related news, insider Simon Kesterton sold 40,648 shares of the firm’s stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of GBX 886 ($11.44), for a total value of £360,141.28 ($465,118.53).
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.
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