Shares of RPC Group PLC (LON:RPC) have earned an average rating of “Buy” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 1,173.13 ($15.47).

Several research firms have recently issued reports on RPC. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 1,250 ($16.49) target price on shares of RPC Group PLC in a report on Thursday, July 20th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 1,130 ($14.91) target price on shares of RPC Group PLC in a report on Wednesday, July 19th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,135 ($14.97) target price on shares of RPC Group PLC in a report on Friday, July 7th. Credit Suisse Group upped their target price on RPC Group PLC from GBX 1,175 ($15.50) to GBX 1,180 ($15.57) and gave the company an “outperform” rating in a report on Monday, July 3rd. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 1,140 ($15.04) target price on shares of RPC Group PLC in a report on Friday, June 9th.

Shares of RPC Group PLC (RPC) traded up 0.22% on Friday, hitting GBX 900.00. The stock had a trading volume of 961,056 shares. RPC Group PLC has a 52 week low of GBX 714.50 and a 52 week high of GBX 1,032.19. The company’s market capitalization is GBX 1.69 billion. The company has a 50-day moving average of GBX 806.30 and a 200 day moving average of GBX 869.28.

The company also recently disclosed a dividend, which will be paid on Friday, September 1st. Shareholders of record on Thursday, August 10th will be issued a dividend of GBX 17.90 ($0.24) per share. This represents a yield of 2.27%. This is a positive change from RPC Group PLC’s previous dividend of $6.50. The ex-dividend date is Thursday, August 10th.

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In other news, insider Martin Towers acquired 6,990 shares of RPC Group PLC stock in a transaction on Thursday, June 8th. The stock was acquired at an average cost of GBX 797 ($10.51) per share, with a total value of £55,710.30 ($73,486.74). Also, insider Petrus R. M. Vervaat acquired 10,000 shares of RPC Group PLC stock in a transaction on Monday, June 12th. The shares were purchased at an average cost of GBX 773 ($10.20) per share, with a total value of £77,300 ($101,965.44). Over the last three months, insiders have acquired 21,205 shares of company stock valued at $16,679,975.

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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