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.
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