FinnCap Reiterates “Corporate” Rating for Robinson PLC (RBN)

Robinson PLC (LON:RBN)‘s stock had its “corporate” rating reiterated by equities research analysts at FinnCap in a research note issued to investors on Friday. They presently have a GBX 180 ($2.27) price target on the stock. FinnCap’s price target suggests a potential upside of 48.15% from the stock’s current price.

Robinson PLC (LON:RBN) remained flat at GBX 127.50 during trading on Friday. The company had a trading volume of 8,413 shares. The company has a 50 day moving average of GBX 130.03 and a 200 day moving average of GBX 128.86. The firm’s market cap is GBX 20.85 million. Robinson PLC has a 52 week low of GBX 105.00 and a 52 week high of GBX 180.00.

The business also recently disclosed a dividend, which will be paid on Thursday, June 1st. Shareholders of record on Thursday, May 18th will be given a dividend of GBX 3 ($0.04) per share. This represents a yield of 2.42%. This is a boost from Robinson PLC’s previous dividend of $2.50. The ex-dividend date of this dividend is Thursday, May 18th.

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Robinson PLC Company Profile

Robinson plc is a United Kingdom-based company engaged in the business of manufacturing plastic and paperboard packaging. The Company provides packaging solutions that specialize in injection, blow and stretch-blow molded plastic, and rigid paperboard. It serves the food, drink, toiletries, cosmetic and household markets.

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