RPC Group PLC (RPC) Price Target Raised to GBX 1,250 at Peel Hunt
RPC Group PLC (LON:RPC) had its price objective boosted by stock analysts at Peel Hunt from GBX 1,135 ($14.98) to GBX 1,250 ($16.50) in a note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s price objective would suggest a potential upside of 30.48% from the company’s current price.
Other research analysts have also recently issued research reports about the company. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,130 ($14.91) price target on shares of RPC Group PLC in a research report on Thursday, September 28th. Berenberg Bank reissued a “buy” rating on shares of RPC Group PLC in a report on Wednesday, September 6th. Credit Suisse Group reissued an “outperform” rating and set a GBX 1,180 ($15.57) price objective on shares of RPC Group PLC in a report on Tuesday, September 12th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 1,250 ($16.50) price objective on shares of RPC Group PLC in a report on Thursday, July 20th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. RPC Group PLC has an average rating of “Buy” and an average target price of GBX 1,187.50 ($15.67).
Shares of RPC Group PLC (RPC) opened at 958.00 on Tuesday. The stock’s 50 day moving average price is GBX 953.85 and its 200-day moving average price is GBX 865.95. RPC Group PLC has a 12-month low of GBX 714.50 and a 12-month high of GBX 1,032.19. The firm’s market cap is GBX 1.80 billion.
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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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