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.
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.
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