RPC Group PLC (RPC) Given Consensus Recommendation of “Buy” by Analysts

Shares of RPC Group PLC (LON:RPC) have received a consensus rating of “Buy” from the eight research firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 1,175.71 ($15.72).

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,250 ($16.71) price objective on shares of RPC Group in a research report on Thursday, November 30th. reissued an “add” rating and issued a GBX 1,130 ($15.11) price objective on shares of RPC Group in a research report on Tuesday, November 14th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 1,140 ($15.24) price target on shares of RPC Group in a report on Tuesday, November 28th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 1,180 ($15.78) price target on shares of RPC Group in a report on Tuesday, November 14th. Finally, Jefferies Group reaffirmed a “buy” rating and set a GBX 1,150 ($15.38) price target on shares of RPC Group in a report on Tuesday, November 14th.

RPC Group (LON:RPC) traded down GBX 4.80 ($0.06) during trading on Monday, hitting GBX 859.40 ($11.49). 2,646,775 shares of the stock traded hands, compared to its average volume of 1,960,000. RPC Group has a 52 week low of GBX 714.50 ($9.55) and a 52 week high of GBX 1,032 ($13.80). The firm has a market capitalization of $3,540.00 and a price-to-earnings ratio of 1,685.10.

The company also recently declared a dividend, which will be paid on Friday, January 26th. Investors of record on Thursday, December 28th will be issued a dividend of GBX 7.80 ($0.10) per share. This represents a yield of 0.86%. The ex-dividend date of this dividend is Thursday, December 28th.

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RPC Group Company Profile

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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