RPC Group plc PT Raised to GBX 740 at JPMorgan Chase & Co. (RPC)
Investment analysts at JPMorgan Chase & Co. upped their target price on shares of RPC Group plc (LON:RPC) from GBX 690 ($11.57) to GBX 740 ($12.41) in a note issued to investors on Thursday. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 14.20% from the stock’s previous close.
RPC has been the subject of a number of other recent research reports. Analysts at Panmure Gordon raised their price target on shares of RPC Group plc from GBX 728 ($12.20) to GBX 787 ($13.19) in a research note on Wednesday. They now have a “buy” 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 investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of GBX 484 ($8.11).
RPC Group plc (LON:RPC) traded up 0.08% on Thursday, hitting GBX 648.50. 295,600 shares of the company’s stock traded hands. RPC Group plc has a 52-week low of GBX 390.60 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 596.3. The company’s market cap is £1.074 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 5th. Shareholders of record on Wednesday, August 6th will be paid a dividend of GBX 11 ($0.18) per share. This represents a dividend yield of 1.69%. The ex-dividend date is Wednesday, August 6th.
RPC Group Plc is engaged in manufacture and sale of rigid plastic packaging and associated equipment.
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