Shares of RPC Group Plc (LON:RPC) have received an average recommendation of “Buy” from the eight research firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 1,175.71 ($15.82).
A number of research firms have recently commented on RPC. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,250 ($16.82) price objective on shares of RPC Group in a research report on Thursday, November 30th. Credit Suisse Group restated an “outperform” rating and set a GBX 1,180 ($15.88) target price on shares of RPC Group in a report on Wednesday, November 29th. Peel Hunt boosted their target price on shares of RPC Group from GBX 1,135 ($15.28) to GBX 1,250 ($16.82) and gave the company a “buy” rating in a report on Tuesday, October 31st. Numis Securities restated an “add” rating and set a GBX 1,130 ($15.21) target price on shares of RPC Group in a report on Thursday, September 28th. Finally, restated an “add” rating and set a GBX 1,130 ($15.21) target price on shares of RPC Group in a report on Tuesday, November 14th.
RPC Group (LON:RPC) traded down GBX 4.50 ($0.06) during mid-day trading on Thursday, hitting GBX 886 ($11.92). 1,490,000 shares of the stock were exchanged, compared to its average volume of 1,930,000. RPC Group has a one year low of GBX 714.50 ($9.62) and a one year high of GBX 1,032 ($13.89).
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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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