RPS Group plc (LON:RPS) PT Raised to GBX 300 at Numis Securities Ltd

RPS Group plc (LON:RPS) had its target price raised by equities research analysts at Numis Securities Ltd from GBX 290 ($3.83) to GBX 300 ($3.96) in a report issued on Friday. The firm presently has an “add” rating on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 7.62% from the stock’s current price.

A number of other equities analysts have also commented on RPS. Liberum Capital restated a “buy” rating and issued a GBX 300 ($3.96) price target on shares of RPS Group plc in a research report on Friday. Peel Hunt restated a “hold” rating and issued a GBX 228 ($3.01) price target on shares of RPS Group plc in a research report on Thursday, May 18th.

Shares of RPS Group plc (LON:RPS) opened at 278.75 on Friday. The company’s market cap is GBX 603.52 million. The stock’s 50 day moving average price is GBX 263.76 and its 200-day moving average price is GBX 257.88. RPS Group plc has a 12-month low of GBX 158.52 and a 12-month high of GBX 285.25.

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In other news, insider Ken Lever purchased 40,000 shares of RPS Group plc stock in a transaction on Friday, May 19th. The shares were purchased at an average cost of GBX 269 ($3.55) per share, for a total transaction of £107,600 ($141,933.78). Over the last 90 days, insiders acquired 40,140 shares of company stock worth $10,797,684.

RPS Group plc Company Profile

RPS Group Plc is an international consultancy company. The Company provides independent advice upon the development and management of the built and natural environment; the planning and development of strategic infrastructure, and the evaluation and development of energy, water and other resources. Its segments include Built and Natural Environment (BNE); Energy, and Australia Asia Pacific (AAP).

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