Deutsche Bank Reiterates “Buy” Rating for RPC Group (RPC)

RPC Group (LON:RPC)‘s stock had its “buy” rating restated by analysts at Deutsche Bank in a report released on Friday. They presently have a GBX 1,180 ($16.00) price target on the stock. Deutsche Bank’s price target points to a potential upside of 44.75% from the company’s current price.

Other research analysts have also recently issued research reports about the company. reissued an “add” rating and issued a GBX 1,130 ($15.32) price target on shares of RPC Group in a research note on Tuesday, November 14th. Jefferies Group reissued a “buy” rating and issued a GBX 1,150 ($15.60) price target on shares of RPC Group in a research note on Monday, November 27th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,250 ($16.95) price target on shares of RPC Group in a research note on Wednesday, November 15th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 1,180 ($16.00) price target on shares of RPC Group in a research note on Tuesday, November 14th. Finally, Numis Securities reissued an “add” rating and issued a GBX 1,130 ($15.32) price target on shares of RPC Group in a research note on Tuesday, November 14th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,148.75 ($15.58).

Shares of RPC Group (LON:RPC) traded up GBX 10.40 ($0.14) on Friday, reaching GBX 815.20 ($11.06). The company had a trading volume of 3,594,138 shares, compared to its average volume of 1,940,000. RPC Group has a 52-week low of GBX 714.50 ($9.69) and a 52-week high of GBX 1,032 ($14.00). The company has a market cap of $3,330.00 and a P/E ratio of 1,598.43.

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About RPC Group

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 (LON:RPC)

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