JPMorgan Chase & Co. Increases RPC Group plc Price Target to GBX 690 (RPC)
Research analysts at JPMorgan Chase & Co. upped their price objective on shares of RPC Group plc (LON:RPC) from GBX 675 ($11.39) to GBX 690 ($11.64) in a report released on Tuesday, AR Network reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 9.35% from the stock’s previous close.
RPC Group plc (LON:RPC) traded down 0.32% during mid-day trading on Tuesday, hitting GBX 631.00. The stock had a trading volume of 88,613 shares. RPC Group plc has a 52 week low of GBX 187.00 and a 52 week high of GBX 653.00. The stock has a 50-day moving average of GBX 620.0 and a 200-day moving average of GBX 579.8. The company’s market cap is £1.045 billion.
A number of other firms have also recently commented on RPC. Analysts at RBC Capital reiterated an “outperform” rating on shares of RPC Group plc in a research note on Friday, March 28th. Separately, analysts at Panmure Gordon raised their price target on shares of RPC Group plc from GBX 655 ($11.05) to GBX 699 ($11.79) in a research note on Thursday, March 27th. They now have a “buy” rating on the stock. Finally, analysts at Charles Stanley reiterated a “buy” rating on shares of RPC Group plc in a research note on Monday, March 17th. They now have a GBX 685 ($11.56) price target on the stock. Seven research 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 468.43 ($7.90).
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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