Trade Report: Today, RPC Group PLC (RPC) Given Outperform Rating at Credit Suisse Group AG

Today, RPC Group PLC (RPC) Given Outperform Rating at Credit Suisse Group AG

RPC Group PLC (LON:RPC)‘s stock had its “outperform” rating reiterated by equities research analysts at Credit Suisse Group AG in a report issued on Friday. They presently have a GBX 1,040 ($12.99) price target on the stock. Credit Suisse Group AG’s price objective would indicate a potential upside of 5.42% from the stock’s previous close.

A number of other brokerages have also recently commented on RPC. Jefferies Group restated a “buy” rating and issued a GBX 1,100 ($13.74) price target on shares of RPC Group PLC in a research report on Friday, September 30th. Deutsche Bank AG raised their price target on RPC Group PLC from GBX 970 ($12.12) to GBX 1,000 ($12.49) and gave the stock a “buy” rating in a research report on Friday, September 30th. JPMorgan Chase & Co. restated an “overweight” rating on shares of RPC Group PLC in a research report on Friday, September 30th. Numis Securities Ltd restated an “add” rating and issued a GBX 1,100 ($13.74) price target (up previously from GBX 950 ($11.87)) on shares of RPC Group PLC in a research report on Thursday, September 29th. Finally, Panmure Gordon raised their price target on RPC Group PLC from GBX 1,156 ($14.44) to GBX 1,200 ($14.99) and gave the stock a “buy” rating in a research report on Thursday, September 29th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. RPC Group PLC currently has a consensus rating of “Buy” and an average target price of GBX 1,017.22 ($12.71).

Shares of RPC Group PLC (LON:RPC) opened at 997.00 on Friday. The company’s market capitalization is GBX 1.87 billion. The firm’s 50-day moving average price is GBX 960.15 and its 200 day moving average price is GBX 869.86. RPC Group PLC has a one year low of GBX 646.50 and a one year high of GBX 1,002.00.

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