RPC Group PLC’s (RPC) “Buy” Rating Reaffirmed at Jefferies Group
Jefferies Group restated their buy rating on shares of RPC Group PLC (LON:RPC) in a research note published on Monday morning. Jefferies Group currently has a GBX 1,100 ($13.65) target price on the stock.
RPC has been the topic of a number of other research reports. Panmure Gordon upped their price objective on RPC Group PLC from GBX 1,156 ($14.34) to GBX 1,200 ($14.89) and gave the stock a buy rating in a report on Thursday, September 29th. Berenberg Bank started coverage on RPC Group PLC in a report on Thursday, September 15th. They issued a buy rating and a GBX 1,050 ($13.03) target price on the stock. Credit Suisse Group AG reissued an outperform rating and issued a GBX 1,040 ($12.90) target price on shares of RPC Group PLC in a report on Friday. Deutsche Bank AG upped their target price on RPC Group PLC from GBX 970 ($12.03) to GBX 1,000 ($12.41) and gave the company a buy rating in a report on Friday, September 30th. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of RPC Group PLC in a report on Friday, September 30th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has an average rating of Buy and a consensus price target of GBX 1,017.22 ($12.62).
Shares of RPC Group PLC (LON:RPC) opened at 1000.00 on Monday. RPC Group PLC has a 12 month low of GBX 646.50 and a 12 month high of GBX 1,026.00. The firm’s market capitalization is GBX 1.88 billion. The company’s 50 day moving average price is GBX 960.38 and its 200-day moving average price is GBX 874.33.
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About RPC Group PLC
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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