RPC Group PLC (LON:RPC)‘s stock had its “overweight” rating reiterated by analysts at J P Morgan Chase & Co in a research note issued on Thursday. They presently have a GBX 1,250 ($16.32) price objective on the stock. J P Morgan Chase & Co’s target price indicates a potential upside of 40.85% from the company’s current price.

Several other research firms have also recently commented on RPC. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 1,140 ($14.89) target price on shares of RPC Group PLC in a research note on Friday, June 9th. Credit Suisse Group raised their target price on RPC Group PLC from GBX 1,175 ($15.34) to GBX 1,180 ($15.41) and gave the stock an “outperform” rating in a research note on Monday, July 3rd. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 1,200 ($15.67) target price on shares of RPC Group PLC in a research note on Thursday, March 30th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 1,135 ($14.82) target price on shares of RPC Group PLC in a research note on Tuesday, June 13th. Eight analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of GBX 1,173.13 ($15.32).

RPC Group PLC (RPC) traded down 0.39% during trading on Thursday, hitting GBX 887.50. The stock had a trading volume of 2,293,546 shares. The company’s market cap is GBX 1.67 billion. The company has a 50-day moving average of GBX 791.29 and a 200 day moving average of GBX 881.74. RPC Group PLC has a 52 week low of GBX 714.50 and a 52 week high of GBX 1,032.19.

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In other news, insider Lynn Drummond acquired 1,215 shares of RPC Group PLC stock in a transaction on Wednesday, June 7th. The stock was purchased at an average price of GBX 823 ($10.75) per share, with a total value of £9,999.45 ($13,057.52). Also, insider Martin Towers acquired 6,990 shares of RPC Group PLC stock in a transaction on Thursday, June 8th. The stock was purchased at an average cost of GBX 797 ($10.41) per share, with a total value of £55,710.30 ($72,747.85). Insiders acquired 21,205 shares of company stock valued at $16,679,975 in the last three months.

About RPC Group PLC

RPC Group Plc is a plastic products design and engineering company. The Company offers a range of consumer products and technical components for the packaging and non-packaging markets. The Company’s business is organized into two segments: Packaging and Non-packaging. The Packaging business serves the food, nonfood (including (general industrial, agrochemical and automotive), personal care (mass personal care, cosmetics and beauty), beverage and healthcare ((pharmaceuticals) markets.

Analyst Recommendations for RPC Group PLC (LON:RPC)

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