RPC Group PLC (RPC) Stock Rating Reaffirmed by Peel Hunt

RPC Group PLC (LON:RPC)‘s stock had its “buy” rating reiterated by Peel Hunt in a research report issued to clients and investors on Friday. They presently have a GBX 1,135 ($14.66) target price on the stock. Peel Hunt’s price target suggests a potential upside of 20.74% from the company’s current price.

RPC has been the subject of several other research reports. Credit Suisse Group reiterated an “outperform” rating and set a GBX 1,175 ($15.17) price objective on shares of RPC Group PLC in a research report on Tuesday, June 6th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 1,200 ($15.50) price objective on shares of RPC Group PLC in a research report on Friday, June 2nd. Jefferies Group LLC reiterated a “buy” rating and set a GBX 1,150 ($14.85) price objective on shares of RPC Group PLC in a research report on Wednesday, May 24th. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 1,250 ($16.14) price objective on shares of RPC Group PLC in a research report on Friday, June 16th. Finally, Berenberg Bank reiterated a “buy” rating on shares of RPC Group PLC in a research report on Wednesday, September 6th. Eight analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average price target of GBX 1,173.13 ($15.15).

Shares of RPC Group PLC (LON RPC) opened at 940.00 on Friday. The firm has a 50-day moving average of GBX 904.01 and a 200 day moving average of GBX 847.97. RPC Group PLC has a 1-year low of GBX 714.82 and a 1-year high of GBX 1,032.19. The company’s market capitalization is GBX 1.77 billion.

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In other 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 ($11.44), 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.

Analyst Recommendations for RPC Group PLC (LON:RPC)

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