Rating Worth Watching: Research Analysts at Panmure Gordon Reiterated their “Buy” rating for RPC Group PLC (LON:RPC). The TP is Set to GBX 1200.00

November 30, 2016 - By Hazel Jackson

RPC Group PLC (LON:RPC) Rating

Panmure Gordon have a GBX 1200.00 PT on the stock. The PT gives a potential upside of 11.32% from RPC Group PLC (LON:RPC)‘s last close price. This rating was shown in a note on Wednesday, 30 November.

RPC Group PLC (LON:RPC) Ratings Coverage

Out of 10 analysts covering RPC Group PLC (LON:RPC), 10 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 1200 is the highest target while GBX 700 is the lowest. The GBX 999.56 average target is -8.21% below today’s (GBX 1089) stock price. RPC Group PLC has been the topic of 89 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Panmure Gordon maintained the shares of RPC in a report on Wednesday, September 30 with “Buy” rating. The rating was maintained by Panmure Gordon on Thursday, September 29 with “Buy”. The firm has “Buy” rating given on Wednesday, May 18 by Jefferies. The stock of RPC Group PLC (LON:RPC) earned “Buy” rating by Panmure Gordon on Friday, September 18. The rating was maintained by RBC Capital Markets on Tuesday, December 1 with “Outperform”. JP Morgan maintained the stock with “Overweight” rating in Friday, September 30 report. The rating was maintained by Deutsche Bank with “Buy” on Friday, November 20. The firm earned “Buy” rating on Tuesday, October 6 by Canaccord Genuity. JP Morgan maintained RPC Group PLC (LON:RPC) rating on Thursday, October 1. JP Morgan has “Overweight” rating and GBX 793 price target. Credit Suisse maintained it with “Outperform” rating and GBX 1040 target price in Wednesday, September 28 report.

About 1.90M shares traded hands or 57.02% up from the average. RPC Group PLC (LON:RPC) has risen 37.35% since May 2, 2016 and is uptrending. It has outperformed by 32.13% the S&P500.

RPC Group Plc is a plastic products design and engineering company. The company has a market cap of 3.61 billion GBP. The Firm offers a range of consumer products and technical components for the packaging and non-packaging markets. It has a 56.13 P/E ratio. The Company’s business is organized into two divisions: Packaging and Non-packaging.

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