RPC Group PLC (RPC) Earns Add Rating from Numis Securities Ltd
Numis Securities Ltd reissued their add rating on shares of RPC Group PLC (LON:RPC) in a research report sent to investors on Thursday morning. They currently have a GBX 1,130 ($15.20) price target on the stock.
RPC has been the topic of a number of other reports. Credit Suisse Group reissued an outperform rating and issued a GBX 1,175 ($15.80) price target on shares of RPC Group PLC in a report on Tuesday, June 6th. Peel Hunt reissued a buy rating and issued a GBX 1,135 ($15.26) price target on shares of RPC Group PLC in a report on Friday, September 15th. Berenberg Bank reissued a buy rating on shares of RPC Group PLC in a report on Wednesday, September 6th. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 1,250 ($16.81) price target on shares of RPC Group PLC in a report on Friday, June 16th. Finally, Deutsche Bank AG reissued a buy rating and issued a GBX 1,140 ($15.33) price target on shares of RPC Group PLC in a report on Friday, June 9th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of GBX 1,173.13 ($15.78).
RPC Group PLC (LON:RPC) opened at 990.50 on Thursday. The stock has a 50 day moving average of GBX 905.16 and a 200 day moving average of GBX 847.11. The firm’s market capitalization is GBX 1.86 billion. RPC Group PLC has a 12 month low of GBX 714.50 and a 12 month high of GBX 1,032.19.
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In related news, insider Simon Kesterton sold 40,648 shares of the firm’s stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of GBX 886 ($11.92), for a total value of £360,141.28 ($484,321.25).
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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