RPC Group (LON:RPC)‘s stock had its “outperform” rating reaffirmed by Credit Suisse Group in a report released on Monday. They presently have a GBX 1,210 ($16.99) price objective on the stock. Credit Suisse Group’s price objective suggests a potential upside of 44.39% from the stock’s previous close.
RPC has been the topic of a number of other reports. Deutsche Bank reissued a “buy” rating and issued a GBX 1,140 ($16.01) price objective on shares of RPC Group in a research note on Tuesday, November 28th. Berenberg Bank downgraded RPC Group to a “hold” rating and cut their price objective for the company from GBX 1,120 ($15.73) to GBX 920 ($12.92) in a research note on Tuesday, January 16th. Peel Hunt reissued a “buy” rating and issued a GBX 1,250 ($17.55) price objective on shares of RPC Group in a research note on Monday, November 6th. Numis Securities reissued an “add” rating and issued a GBX 1,130 ($15.87) price objective on shares of RPC Group in a research note on Thursday, November 30th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,250 ($17.55) price objective on shares of RPC Group in a research note on Thursday, November 30th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of GBX 1,152.50 ($16.18).
Shares of RPC Group (LON:RPC) traded up GBX 18.40 ($0.26) during mid-day trading on Monday, hitting GBX 838 ($11.77). The company had a trading volume of 2,417,826 shares, compared to its average volume of 2,160,000. RPC Group has a 1-year low of GBX 714.50 ($10.03) and a 1-year high of GBX 1,032 ($14.49). The company has a market cap of $3,420.00 and a P/E ratio of 1,643.14.
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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