Numis Securities restated their add rating on shares of RPC Group (LON:RPC) in a report published on Thursday, November 30th. The firm currently has a GBX 1,130 ($15.21) price objective on the stock.
A number of other brokerages have also weighed in on RPC. J P Morgan Chase & Co restated an overweight rating and set a GBX 1,250 ($16.82) price objective on shares of RPC Group in a research report on Thursday, November 30th. Credit Suisse Group restated an outperform rating and set a GBX 1,180 ($15.88) price objective on shares of RPC Group in a research report on Wednesday, November 29th. Peel Hunt raised their price objective on RPC Group from GBX 1,135 ($15.28) to GBX 1,250 ($16.82) and gave the company a buy rating in a research report on Tuesday, October 31st. restated an add rating and set a GBX 1,130 ($15.21) price objective on shares of RPC Group in a research report on Tuesday, November 14th. Finally, Deutsche Bank reiterated a buy rating and issued a GBX 1,140 ($15.34) price target on shares of RPC Group in a research report on Wednesday, November 15th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of GBX 1,178.75 ($15.86).
Shares of RPC Group (LON RPC) traded up GBX 0.20 ($0.00) during mid-day trading on Thursday, reaching GBX 882 ($11.87). The company’s stock had a trading volume of 1,708,084 shares, compared to its average volume of 1,930,000. RPC Group has a 1-year low of GBX 714.50 ($9.62) and a 1-year high of GBX 1,032 ($13.89).
The company also recently disclosed a dividend, which will be paid on Friday, January 26th. Shareholders of record on Thursday, December 28th will be paid a GBX 7.80 ($0.10) dividend. This represents a yield of 0.86%. The ex-dividend date is Thursday, December 28th.
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About RPC Group
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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