RPS Group plc PT Lowered to GBX 320 (RPS)
Jefferies Group dropped their price objective on shares of RPS Group plc (LON:RPS) from GBX 385 ($6.54) to GBX 320 ($5.43) in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target would indicate a potential upside of 32.78% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd cut their price target on shares of RPS Group plc from GBX 360 ($6.11) to GBX 315 ($5.35) in a research note on Thursday. They now have a “buy” rating on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of RPS Group plc in a research note on Friday, July 25th. They now have a GBX 375 ($6.37) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of RPS Group plc in a research note on Monday, July 21st. They now have a GBX 350 ($5.94) price target on the stock. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 328.57 ($5.58).
Shares of RPS Group plc (LON:RPS) traded down 5.68% during mid-day trading on Friday, hitting GBX 241.00. The stock had a trading volume of 1,152,498 shares. RPS Group plc has a 1-year low of GBX 237.00 and a 1-year high of GBX 360.40. The stock’s 50-day moving average is GBX 272.4 and its 200-day moving average is GBX 303.9. The company’s market cap is £528.1 million.
The company also recently declared a dividend, which is scheduled for Thursday, October 16th. Investors of record on Wednesday, September 17th will be given a dividend of GBX 4.05 ($0.07) per share. This represents a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, September 17th.
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.
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