RPS Group plc’s “Buy” Rating Reaffirmed at Liberum Capital (RPS)
RPS Group plc (LON:RPS)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research report issued on Friday. They currently have a GBX 350 ($5.88) price target on the stock. Liberum Capital’s price objective would indicate a potential upside of 22.94% from the company’s current price.
RPS Group plc (LON:RPS) traded down 4.20% during mid-day trading on Friday, hitting GBX 274.00. 111,453 shares of the company’s stock traded hands. RPS Group plc has a one year low of GBX 190.60 and a one year high of GBX 360.40. The stock’s 50-day moving average is GBX 291.8 and its 200-day moving average is GBX 317.6. The company’s market cap is £589.1 million.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of RPS Group plc in a research note on Tuesday, May 20th. They now have a GBX 360 ($6.05) price target on the stock. Separately, analysts at Panmure Gordon upgraded shares of RPS Group plc to a “buy” rating in a research note on Friday, May 9th. They now have a GBX 350 ($5.88) price target on the stock, up previously from GBX 315 ($5.30). Finally, analysts at JPMorgan Chase & Co. downgraded shares of RPS Group plc to a “neutral” rating in a research note on Thursday, May 8th. They now have a GBX 300 ($5.04) price target on the stock, down previously from GBX 351 ($5.90). One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 344.29 ($5.79).
RPS Group Plc is an international consultancy providing independent advice upon the exploration and production of oil and gas and other natural resources, and the development and management of the built and natural environment.
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.