RPC Group (LON:RPC)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a report released on Monday. They currently have a GBX 1,180 ($16.00) price objective on the stock. Deutsche Bank’s target price would indicate a potential upside of 41.83% from the stock’s current price.
Other analysts have also issued 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 investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. RPC Group currently has an average rating of “Buy” and a consensus target price of GBX 1,148.75 ($15.58).
Shares of RPC Group (LON RPC) opened at GBX 832 ($11.28) on Monday. 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 stock has a market capitalization of $3,390.00 and a PE ratio of 1,631.37.
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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