Rpc Group (LON:RPC) Rating Reaffirmed
The brokerage has just set a Estimated Target Price of GBX 850.00 on Rpc Group (LON:RPC) shares. This is 11.77% from the last stock close. In a recent report revealed to clients and investors on Friday, 27 November, Jefferies has reaffirmed their “Buy” rating on shares of RPC.
From a total of 7 analysts covering RPC Group PLC (LON:RPC) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is GBX 850 while the lowest target price is GBX 700. The mean of all analyst targets is GBX 796.29 with a 4.43% above today’s (GBX 762.5) stock price. RPC Group PLC was the topic of 33 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on November 27 with “Buy” rating. Canaccord Genuity maintained shares with “Buy” rating and GBX 745 target share price in a report from a November 25. Deutsche Bank maintained RPC stock in a recent report from November 26 with “Buy” rating. J.P. Morgan maintained the rating on November 16. J.P. Morgan has a “Overweight” rating and a GBX 829 price target on shares. Finally, Panmure Gordon maintained the stock with “Buy” rating in a report issued on a November 25.
The stock increased 1.40% or GBX 10.5 on November 27, striking GBX 762.5. Approximately 2.33M shares of stock traded hands or 181.51% up from the average. RPC Group plc (LON:RPC) has risen 26.66% since May 1, 2015 and is uptrending. It has outperformed by 27.55% the S&P500.
RPC Group Plc is a United Kingdom-based plastic products design and engineering company. The company has a market cap of 1.93 billion GBP. The Firm offers a range of consumer products and technical components for packaging and non-packaging markets. It has 36.56 P/E ratio. The Company’s divisions include injection moulding, thermoforming and blow moulding.