RPC Group Plc (RPC) Rating Reiterated by Numis Securities Ltd
RPC Group Plc (LON:RPC)‘s stock had its “add” rating restated by Numis Securities Ltd in a research report issued to clients and investors on Tuesday. They presently have a GBX 1,130 ($14.86) target price on the stock. Numis Securities Ltd’s target price points to a potential upside of 21.90% from the company’s current price.
Several other research analysts have also commented on RPC. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,250 ($16.44) price target on shares of RPC Group Plc in a research report on Thursday, July 20th. Berenberg Bank reaffirmed a “buy” rating on shares of RPC Group Plc in a research report on Wednesday, September 6th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 1,180 ($15.52) price target on shares of RPC Group Plc in a research report on Tuesday, September 12th. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,135 ($14.93) price target on shares of RPC Group Plc in a research report on Friday, September 15th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 1,150 ($15.13) price target on shares of RPC Group Plc in a research report on Tuesday. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,181.11 ($15.53).
Shares of RPC Group Plc (LON:RPC) opened at GBX 927 ($12.19) on Tuesday. RPC Group Plc has a 12-month low of GBX 714.50 ($9.40) and a 12-month high of GBX 1,032.19 ($13.58).
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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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