RPC Group Given Buy Rating at Panmure Gordon (RPC)
RPC Group (LON:RPC)‘s stock had its “buy” rating reiterated by stock analysts at Panmure Gordon in a report issued on Wednesday, Analyst Ratings Network reports. They currently have a GBX 655 ($10.74) target price on the stock. Panmure Gordon’s price objective would indicate a potential upside of 9.90% from the company’s current price.
A number of other firms have also recently commented on RPC. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of RPC Group in a research note to investors on Tuesday. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of RPC Group in a research note to investors on Thursday, November 28th. They now have a GBX 540 ($8.86) price target on the stock. Five analysts have rated the stock with a buy rating, RPC Group currently has an average rating of “Buy” and an average target price of GBX 340.20 ($5.58).
Shares of RPC Group (LON:RPC) traded down 1.32% on Wednesday, hitting GBX 596.00. The stock had a trading volume of 1,000,478 shares. RPC Group has a 52 week low of GBX 372.513 and a 52 week high of GBX 605.00. The stock’s 50-day moving average is GBX 545.6 and its 200-day moving average is GBX 481.7. The company’s market cap is £987.0 million.
The company also recently declared a dividend, which is scheduled for Friday, January 24th. Investors of record on Monday, December 23rd will be given a dividend of GBX 4.50 ($0.07) per share. This represents a yield of 0.9%. The ex-dividend date of this dividend is Monday, December 23rd.
RPC Group Plc is a manufacturer and supplier of rigid plastic packaging. The Company develops and manufactures a range of products for a variety of customers, including many household names.
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