RPC Group (LON:RPC)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research report issued to clients and investors on Tuesday.
A number of other equities analysts also recently issued reports on RPC. Numis Securities reaffirmed a “buy” rating on shares of RPC Group in a research report on Wednesday, July 18th. Deutsche Bank reaffirmed a “buy” rating on shares of RPC Group in a research report on Tuesday, July 24th. Jefferies Financial Group dropped their price objective on shares of RPC Group from GBX 1,150 ($15.03) to GBX 1,050 ($13.72) and set a “buy” rating on the stock in a report on Monday, August 6th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of RPC Group from GBX 1,250 ($16.33) to GBX 1,120 ($14.63) and set an “overweight” rating on the stock in a report on Tuesday, October 9th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 1,121.25 ($14.65).
Shares of RPC stock opened at GBX 734.20 ($9.59) on Tuesday. RPC Group has a 12-month low of GBX 714.50 ($9.34) and a 12-month high of GBX 1,032 ($13.48).
RPC Group Plc operates as a plastic product design and engineering company worldwide. It operates through two segments, Packaging and Non-Packaging. The Packaging segment designs plastic packaging for end markets, including the food, beverage, personal care, and healthcare markets; and designs and manufactures other plastic products, such as containers for surface coatings comprising paint pots and vaping accessories.
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