RPC Group PLC’s (RPC) Buy Rating Reaffirmed at Peel Hunt
RPC has been the subject of several other research reports. Credit Suisse Group restated an outperform rating and issued a GBX 1,175 ($15.84) target price on shares of RPC Group PLC in a report on Tuesday, June 6th. Numis Securities Ltd restated a buy rating and issued a GBX 1,200 ($16.18) target price on shares of RPC Group PLC in a report on Friday, June 2nd. Jefferies Group LLC restated a buy rating and issued a GBX 1,150 ($15.50) target price on shares of RPC Group PLC in a report on Wednesday, May 24th. J P Morgan Chase & Co restated an overweight rating and issued a GBX 1,250 ($16.85) target price on shares of RPC Group PLC in a report on Friday, June 16th. Finally, Berenberg Bank restated a buy rating on shares of RPC Group PLC in a report on Wednesday, September 6th. Eight analysts have rated the stock with a buy rating, RPC Group PLC presently has a consensus rating of Buy and a consensus price target of GBX 1,173.13 ($15.82).
RPC Group PLC (LON RPC) opened at 922.00 on Friday. RPC Group PLC has a 52-week low of GBX 714.50 and a 52-week high of GBX 1,032.19. The firm has a 50 day moving average of GBX 904.67 and a 200-day moving average of GBX 847.06. The stock’s market cap is GBX 1.73 billion.
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In related news, insider Simon Kesterton sold 40,648 shares of the firm’s stock in a transaction dated Monday, July 24th. The shares were sold at an average price of GBX 886 ($11.95), for a total value of £360,141.28 ($485,561.93).
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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