Numis Securities Reiterates Add Rating for RPC Group (RPC)

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.

Analyst Recommendations for RPC Group (LON:RPC)

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