RPC Group Plc (RPC) Given Consensus Rating of “Buy” by Analysts
Shares of RPC Group Plc (LON:RPC) have been given a consensus rating of “Buy” by the eight research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 1,175.71 ($15.82).
RPC has been the subject of several recent analyst reports. Berenberg Bank reiterated a “buy” rating on shares of RPC Group in a report on Wednesday, September 6th. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 1,250 ($16.82) target price on shares of RPC Group in a report on Wednesday, November 15th. Peel Hunt raised their target price on shares of RPC Group from GBX 1,135 ($15.28) to GBX 1,250 ($16.82) and gave the stock a “buy” rating in a report on Tuesday, October 31st. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 1,180 ($15.88) target price on shares of RPC Group in a report on Tuesday, September 12th. Finally, Deutsche Bank reiterated a “buy” rating and issued a GBX 1,140 ($15.34) target price on shares of RPC Group in a report on Wednesday, November 15th.
Shares of RPC Group (LON:RPC) traded up GBX 2.83 ($0.04) on Thursday, hitting GBX 890.50 ($11.99). 1,962,662 shares of the company’s stock traded hands, compared to its average volume of 1,850,000. RPC Group has a one year low of GBX 714.50 ($9.62) and a one year high of GBX 1,032 ($13.89).
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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