RPC Group plc’s “Outperform” Rating Reaffirmed at RBC Capital (RPC)
RPC Group plc (LON:RPC)‘s stock had its “outperform” rating restated by stock analysts at RBC Capital in a report issued on Tuesday. They currently have a GBX 660 ($11.10) price target on the stock. RBC Capital’s target price would suggest a potential upside of 2.01% from the stock’s previous close.
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 690 ($11.60) to GBX 740 ($12.44) in a research note on Thursday, June 5th. They now have an “overweight” rating on the stock. Separately, analysts at Panmure Gordon raised their price target on shares of RPC Group plc from GBX 728 ($12.24) to GBX 787 ($13.23) in a research note on Wednesday, June 4th. They now have a “buy” rating on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of RPC Group plc from GBX 699 ($11.75) to GBX 728 ($12.24) in a research note on Wednesday, May 7th. They now have a “buy” rating on the stock. Seven equities research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of GBX 506 ($8.51).
RPC Group plc (LON:RPC) opened at 649.00 on Tuesday. RPC Group plc has a 1-year low of GBX 390.60 and a 1-year high of GBX 672.90. The stock’s 50-day moving average is GBX 621.6 and its 200-day moving average is GBX 599.3. The company’s market cap is £1.073 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 5th. Investors of record on Wednesday, August 6th will be given a dividend of GBX 11 ($0.18) per share. This represents a yield of 1.69%. The ex-dividend date of this dividend is Wednesday, August 6th.
RPC Group Plc is engaged in manufacture and sale of rigid plastic packaging and associated equipment.
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