RPC Group PLC (LON:RPC) Rating Reaffirmed
Canaccord Genuity now has a GBX 745.00 target price on shares of RPC Group PLC (LON:RPC). The target price may suggest a potential downside of -3.81% from the price per share of RPC Group PLC (LON:RPC). This rating was unveiled in a note on 14 December.
From a total of 5 analysts covering RPC Group PLC (LON:RPC) stock, 6 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 745. The mean of all analyst targets is GBX 795 with a 3.49% above today’s (GBX 780.5) stock price. RPC Group PLC was the topic of 35 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 8 with “Outperform” rating. Canaccord Genuity maintained shares with “Buy” rating and GBX 745 target share price in a report from a November 25. JP Morgan maintained RPC stock in a recent report from November 26 with “Overweight” 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.
Approximately 984,836 shares of stock traded hands. RPC Group plc (LON:RPC) has risen 24.33% since May 15, 2015 and is uptrending. It has outperformed by 28.74% the S&P500.
RPC Group Plc is a United Kingdom-based plastic products design and engineering company. The company has a market cap of 1.97 billion GBP. The Firm offers a range of consumer products and technical components for packaging and non-packaging markets. It has 37.43 P/E ratio. The Company’s divisions include injection moulding, thermoforming and blow moulding.