RPC Group PLC Declares Dividend of GBX 7.80 (RPC)
RPC Group PLC (LON:RPC) announced a dividend on Wednesday, November 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 28th will be paid a dividend of GBX 7.80 ($0.10) per share on Friday, January 26th. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, December 28th. The official announcement can be viewed at this link.
Shares of RPC Group (LON:RPC) traded up GBX 31 ($0.42) during mid-day trading on Friday, hitting GBX 891 ($11.99). 1,635,830 shares of the stock traded hands, compared to its average volume of 2,110,000. RPC Group has a 12 month low of GBX 714.50 ($9.62) and a 12 month high of GBX 1,032 ($13.89). The stock has a market cap of $3,660.00 and a price-to-earnings ratio of 1,747.06.
Several research analysts recently commented on the stock. reaffirmed an “add” rating and issued a GBX 1,130 ($15.21) price objective on shares of RPC Group in a report on Tuesday, November 14th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,135 ($15.28) price objective on shares of RPC Group in a report on Friday, September 15th. Jefferies Group reaffirmed a “buy” rating and issued a GBX 1,150 ($15.48) price objective on shares of RPC Group in a report on Monday, November 27th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 1,250 ($16.82) price objective on shares of RPC Group in a report on Wednesday, November 15th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 1,180 ($15.88) price objective on shares of RPC Group in a report on Tuesday, November 14th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 1,178.75 ($15.86).
About RPC Group
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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