RPC Group PLC (LON:RPC) Rating Reaffirmed
The equities firm has just set a Estimated Target Price of GBX 907.00 on RPC Group PLC (LON:RPC) shares. This is 15.91% from the close price. In analysts report announced on Tuesday morning, JP Morgan Cazenove maintained their “Overweight” 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 807.71 with a 3.22% above today’s (GBX 782.5) 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.
The stock increased 2.42% or GBX 18.5 on December 14, striking GBX 782.5. Approximately 3.62M shares of stock traded hands or 244.76% up from the average. RPC Group plc (LON:RPC) has risen 27.34% since May 18, 2015 and is uptrending. It has outperformed by 31.75% the S&P500.
RPC Group Plc is a United Kingdom-based plastic products design and engineering company. The company has a market cap of 1.98 billion GBP. The Firm offers a range of consumer products and technical components for packaging and non-packaging markets. It has 37.52 P/E ratio. The Company’s divisions include injection moulding, thermoforming and blow moulding.