RPS Group Receives Buy Rating from Investec (RPS)
RPS Group (LON:RPS)‘s stock had its “buy” rating restated by equities researchers at Investec in a research report issued on Thursday, AnalystRatingsNetwork reports. They currently have a GBX 290 ($4.65) target price on the stock. Investec’s price target would indicate a potential upside of 9.97% from the stock’s previous close.
RPS Group (LON:RPS) traded up 0.42% on Thursday, hitting GBX 263.70. 153,821 shares of the company’s stock traded hands. RPS Group has a 52 week low of GBX 190.60 and a 52 week high of GBX 279.70. The stock’s 50-day moving average is GBX 253.4 and its 200-day moving average is GBX 238.9. The company’s market cap is £574.7 million.
A number of other firms have also recently commented on RPS. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of RPS Group (LON:RPS) in a research note to investors on Tuesday, September 3rd. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of RPS Group (LON:RPS) in a research note to investors on Wednesday, August 21st. They now have a GBX 310 ($4.97) price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of RPS Group (LON:RPS) from GBX 275 ($4.40) to GBX 290 ($4.65) in a research note to investors on Tuesday, August 20th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. RPS Group has a consensus rating of “Buy” and an average price target of GBX 297.17 ($4.76).
RPS Group Plc is a consultancy that provides advice upon exploration and production of energy and other natural resources; development of land, property and infrastructure, and management of environment, health and safety of people.
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