Numis Securities Ltd Reiterates “Buy” Rating for RPS Group plc (RPS)
RPS Group plc (LON:RPS)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities Ltd in a report released on Wednesday. They currently have a GBX 315 ($5.28) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 22.76% from the company’s current price.
RPS Group plc (LON:RPS) opened at 258.10 on Wednesday. RPS Group plc has a one year low of GBX 235.10 and a one year high of GBX 360.40. The stock has a 50-day moving average of GBX 268.5 and a 200-day moving average of GBX 298.3. The company’s market cap is £565.7 million.
The company also recently declared a dividend, which is scheduled for Thursday, October 16th. Stockholders 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of RPS Group plc in a research note on Friday, August 8th. They now have a GBX 350 ($5.87) price target on the stock. Separately, analysts at Jefferies Group cut their price target on shares of RPS Group plc from GBX 385 ($6.46) to GBX 320 ($5.37) in a research note on Friday, August 1st. They now have a “buy” rating on the stock. Finally, 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 ($6.29) price target on the stock. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of GBX 328.57 ($5.51).
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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