RPS Group plc Rating Reiterated by Peel Hunt (RPS)
RPS Group plc (LON:RPS)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a research report issued to clients and investors on Wednesday. They currently have a GBX 302 ($5.00) price target on the stock. Peel Hunt’s target price indicates a potential upside of 2.51% from the company’s current price.
Shares of RPS Group plc (LON:RPS) traded up 4.15% on Wednesday, hitting GBX 291.92. 114,809 shares of the company’s stock traded hands. 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 265.3 and a 200-day moving average of GBX 293.6. The company’s market cap is £639.9 million.
The company also recently announced a dividend, which is scheduled for Thursday, October 16th. Investors of record on Wednesday, September 17th will be paid a dividend of GBX 4.05 ($0.07) per share. This represents a dividend yield of 1.58%. The ex-dividend date is Wednesday, September 17th.
A number of other firms have also recently commented on RPS. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of RPS Group plc in a research note on Wednesday, August 13th. They now have a GBX 315 ($5.21) price target on the stock. Separately, 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 ($5.79) price target on the stock. Finally, analysts at Jefferies Group cut their price target on shares of RPS Group plc from GBX 385 ($6.37) to GBX 320 ($5.30) in a research note on Friday, August 1st. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 325.25 ($5.38).
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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