RPC Group (RPC) Earns Outperform Rating from Credit Suisse Group
Credit Suisse Group restated their outperform rating on shares of RPC Group (LON:RPC) in a research report sent to investors on Wednesday morning, MarketBeat.com reports. They currently have a GBX 1,180 ($15.80) target price on the stock.
A number of other brokerages have also recently commented on RPC. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 1,250 ($16.74) target price on shares of RPC Group in a report on Wednesday, November 15th. Deutsche Bank reissued a buy rating and set a GBX 1,140 ($15.27) price target on shares of RPC Group in a research note on Wednesday, November 15th. Numis Securities reissued an add rating and set a GBX 1,130 ($15.13) price target on shares of RPC Group in a research note on Thursday, September 28th. reissued an add rating and set a GBX 1,130 ($15.13) price target on shares of RPC Group in a research note on Tuesday, November 14th. Finally, Jefferies Group reissued a buy rating and set a GBX 1,150 ($15.40) price target on shares of RPC Group in a research note on Tuesday, November 14th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of GBX 1,178.75 ($15.79).
RPC Group (LON:RPC) opened at £910.50 ($1,219.37) on Wednesday. RPC Group has a 1-year low of GBX 714.50 ($9.57) and a 1-year high of GBX 1,032.19 ($13.82).
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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