RPC Group plc Receives Outperform Rating from RBC Capital (RPC)
RPC Group plc (LON:RPC)‘s stock had its “outperform” rating reaffirmed by equities research analysts at RBC Capital in a research note issued to investors on Wednesday. They currently have a GBX 700 ($11.88) price target on the stock. RBC Capital’s target price would indicate a potential upside of 11.38% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of RPC Group plc from GBX 670 ($11.37) to GBX 705 ($11.97) in a research note on Thursday, June 12th. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of RPC Group plc from GBX 690 ($11.71) to GBX 740 ($12.56) in a research note on Thursday, June 5th. They now have an “overweight” rating on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of RPC Group plc from GBX 728 ($12.36) to GBX 787 ($13.36) in a research note on Wednesday, June 4th. They now have a “buy” rating on the stock. Seven analysts have rated the stock with a buy rating, RPC Group plc has an average rating of “Buy” and an average price target of GBX 515.38 ($8.75).
Shares of RPC Group plc (LON:RPC) opened at 636.50 on Wednesday. RPC Group plc has a one year low of GBX 390.60 and a one year high of GBX 672.90. The stock’s 50-day moving average is GBX 624.9 and its 200-day moving average is GBX 605.5. The company’s market cap is £1.053 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 5th. Investors of record on Wednesday, August 6th will be paid a dividend of GBX 11 ($0.19) 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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