Credit Suisse Group Reiterates “Outperform” Rating for RPC Group (RPC)

RPC Group (LON:RPC)‘s stock had its “outperform” rating reissued by investment analysts at Credit Suisse Group in a research report issued to clients and investors on Friday.

A number of other analysts have also commented on the stock. Berenberg Bank lowered shares of RPC Group to a “hold” rating and lowered their target price for the stock from GBX 1,120 ($15.62) to GBX 920 ($12.83) in a report on Tuesday, January 16th. JPMorgan Chase reduced their price target on shares of RPC Group from GBX 1,250 ($17.43) to GBX 1,110 ($15.48) and set an “overweight” rating on the stock in a research report on Tuesday, April 3rd. Peel Hunt reissued a “buy” rating and set a GBX 1,250 ($17.43) price target on shares of RPC Group in a research report on Monday, January 22nd. Numis Securities reissued a “buy” rating and set a GBX 1,130 ($15.76) price target on shares of RPC Group in a research report on Friday, February 2nd. Finally, Jefferies Group reissued a “buy” rating and set a GBX 1,150 ($16.04) price target on shares of RPC Group in a research report on Tuesday, March 6th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 1,135 ($15.83).

RPC opened at GBX 772.60 ($10.78) on Friday. RPC Group has a 52 week low of GBX 714.50 ($9.97) and a 52 week high of GBX 1,032 ($14.39).

In other news, insider Kevin J. Thompson purchased 10,000 shares of RPC Group stock in a transaction dated Wednesday, February 7th. The shares were bought at an average cost of GBX 799 ($11.14) per share, with a total value of £79,900 ($111,436.54).

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.

Analyst Recommendations for RPC Group (LON:RPC)

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