RPC Group’s (RPC) “Add” Rating Reiterated at Numis Securities
RPC Group (LON:RPC)‘s stock had its “add” rating reaffirmed by investment analysts at Numis Securities in a report issued on Thursday. They currently have a GBX 1,130 ($15.13) target price on the stock. Numis Securities’ target price would indicate a potential upside of 22.29% from the company’s current price.
A number of other research analysts also recently commented on the company. Berenberg Bank reaffirmed a “buy” rating on shares of RPC Group in a report on Wednesday, September 6th. Peel Hunt increased their target price on RPC Group from GBX 1,135 ($15.20) to GBX 1,250 ($16.74) and gave the stock a “buy” rating in a report on Tuesday, October 31st. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,250 ($16.74) target price on shares of RPC Group in a report on Wednesday, November 15th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 1,180 ($15.80) target price on shares of RPC Group in a report on Tuesday, September 12th. Finally, Deutsche Bank reaffirmed a “buy” rating and set a GBX 1,140 ($15.27) target price on shares of RPC Group in a report on Wednesday, November 15th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. RPC Group has a consensus rating of “Buy” and a consensus target price of GBX 1,181.11 ($15.82).
RPC Group (LON RPC) traded down £885.26 ($1,185.56) during trading hours on Thursday, reaching GBX 924 ($12.37). The company’s stock had a trading volume of 2,846,282 shares, compared to its average volume of 1,750,000. RPC Group has a 52 week low of GBX 714.50 ($9.57) and a 52 week high of GBX 1,032.19 ($13.82).
RPC Group Company Profile
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.
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