RPC Group plc Price Target Increased to GBX 787 by Analysts at Panmure Gordon (RPC)
Equities researchers at Panmure Gordon increased their price objective on shares of RPC Group plc (LON:RPC) from GBX 728 ($12.20) to GBX 787 ($13.19) in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Panmure Gordon’s price objective indicates a potential upside of 27.66% from the company’s current price.
A number of other firms have also recently commented on RPC. Analysts at JPMorgan Chase & Co. raised their price target on shares of RPC Group plc from GBX 675 ($11.32) to GBX 690 ($11.57) in a research note on Tuesday, May 6th. They now have an “overweight” rating on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of RPC Group plc in a research note on Friday, March 28th. Seven analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average price target of GBX 476.86 ($7.99).
Shares of RPC Group plc (LON:RPC) opened at 650.50 on Wednesday. RPC Group plc has a 1-year low of GBX 390.60 and a 1-year high of GBX 653.00. The stock has a 50-day moving average of GBX 617.2 and a 200-day moving average of GBX 594.8. The company’s market cap is £1.077 billion.
RPC Group Plc is engaged in manufacture and sale of rigid plastic packaging and associated equipment.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.