RPC Group (RPC) Given “Outperform” Rating at Credit Suisse Group

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.

TRADEMARK VIOLATION NOTICE: “RPC Group (RPC) Given “Outperform” Rating at Credit Suisse Group” was reported by American Banking News and is the sole property of of American Banking News. If you are reading this article on another site, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this article can be accessed at https://www.americanbankingnews.com/2018/01/29/rpc-group-rpc-given-outperform-rating-at-credit-suisse-group.html.

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.

Analyst Recommendations for RPC Group (LON:RPC)

Receive News & Ratings for RPC Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RPC Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply