Panmure Gordon upgraded shares of RPC Group (LON:RPC) to a buy rating in a research note issued to investors on Thursday, AnalystRatingsNetwork reports. The firm currently has GBX 584 ($9.48) price target on the stock, up from their previous price target of GBX 564 ($9.15).
RPC Group (LON:RPC) opened at 501.50 on Thursday. RPC Group has a one year low of GBX 187.00 and a one year high of GBX 526.50. The stock’s 50-day moving average is GBX 490.4 and its 200-day moving average is GBX 451.1. The company’s market cap is £829.5 million.
The company also recently declared a dividend, which is scheduled for Friday, January 24th. Investors of record on Monday, December 23rd will be given a dividend of $4.50 per share. This represents a yield of 0.9%. The ex-dividend date of this dividend is Monday, December 23rd.
A number of other firms have also recently commented on RPC. Analysts at JPMorgan Chase & Co. reiterated an overweight rating on shares of RPC Group in a research note to investors on Friday, November 1st. Separately, analysts at Cowen and Company raised their price target on shares of RPC Group from GBX 14 ($0.23) to GBX 16 ($0.26) in a research note to investors on Tuesday, October 15th. Five equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and an average price target of GBX 371.17 ($6.02).
RPC Group Plc is a manufacturer and supplier of rigid plastic packaging. The Company develops and manufactures a range of products for a variety of customers, including many household names.
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