Numis Securities reaffirmed their buy rating on shares of RPC Group (LON:RPC) in a research report sent to investors on Wednesday, March 14th. The brokerage currently has a GBX 1,130 ($15.86) target price on the stock.
RPC has been the subject of a number of other research reports. Deutsche Bank reissued a buy rating and issued a GBX 1,180 ($16.56) price target on shares of RPC Group in a report on Monday, January 29th. Peel Hunt reaffirmed a buy rating and set a GBX 1,250 ($17.55) target price on shares of RPC Group in a report on Tuesday, March 13th. JPMorgan Chase reaffirmed an overweight rating and set a GBX 1,250 ($17.55) target price on shares of RPC Group in a report on Thursday, November 30th. reissued an add rating and set a GBX 1,130 ($15.86) price target on shares of RPC Group in a research report on Tuesday, November 14th. Finally, Jefferies Group reissued a buy rating and set a GBX 1,150 ($16.14) price target on shares of RPC Group in a research report on Tuesday, November 14th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of GBX 1,135 ($15.93).
Shares of LON RPC traded down GBX 2.40 ($0.03) during mid-day trading on Wednesday, hitting GBX 779 ($10.93). The company had a trading volume of 1,159,313 shares, compared to its average volume of 1,890,000. RPC Group has a 12 month low of GBX 714.50 ($10.03) and a 12 month high of GBX 1,032 ($14.49).
In related news, insider Kevin J. Thompson purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were acquired at an average price of GBX 799 ($11.22) per share, for a total transaction of £79,900 ($112,156.09).
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About RPC Group
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 serves the food, non-food, personal care, beverage, and healthcare markets. The Non-Packaging segment engages in the design and manufacture of molds, plastic products, and technical components for various markets.
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