Trading Report: Today, RPC Group PLC’s (RPC) “Buy” Rating Reaffirm at Jefferies Group

Today, RPC Group PLC’s (RPC) “Buy” Rating Reaffirm at Jefferies Group

Jefferies Group restated their buy rating on shares of RPC Group PLC (LON:RPC) in a research note published on Monday morning. Jefferies Group currently has a GBX 1,100 ($13.65) target price on the stock.

RPC has been the topic of a number of other research reports. Panmure Gordon upped their price objective on RPC Group PLC from GBX 1,156 ($14.34) to GBX 1,200 ($14.89) and gave the stock a buy rating in a report on Thursday, September 29th. Berenberg Bank started coverage on RPC Group PLC in a report on Thursday, September 15th. They issued a buy rating and a GBX 1,050 ($13.03) target price on the stock. Credit Suisse Group AG reissued an outperform rating and issued a GBX 1,040 ($12.90) target price on shares of RPC Group PLC in a report on Friday. Deutsche Bank AG upped their target price on RPC Group PLC from GBX 970 ($12.03) to GBX 1,000 ($12.41) and gave the company a buy rating in a report on Friday, September 30th. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of RPC Group PLC in a report on Friday, September 30th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has an average rating of Buy and a consensus price target of GBX 1,017.22 ($12.62).

Shares of RPC Group PLC (LON:RPC) opened at 1000.00 on Monday. RPC Group PLC has a 12 month low of GBX 646.50 and a 12 month high of GBX 1,026.00. The firm’s market capitalization is GBX 1.88 billion. The company’s 50 day moving average price is GBX 960.38 and its 200-day moving average price is GBX 874.33.

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