Deutsche Bank Reaffirms a “Buy” Rating on RPC Group PLC (LON:RPC) and GBX 1180.00 Target; Illinois Tool Works (ITW) SI Decreased By 17.15%

Illinois Tool Works Incorporated (NYSE:ITW) had a decrease of 17.15% in short interest. ITW’s SI was 4.08M shares in January as released by FINRA. Its down 17.15% from 4.92 million shares previously. With 1.02M avg volume, 4 days are for Illinois Tool Works Incorporated (NYSE:ITW)’s short sellers to cover ITW’s short positions. The stock decreased 0.41% or $0.7 during the last trading session, reaching $170.32. About 918,844 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 33.32% since January 19, 2017 and is uptrending. It has outperformed by 16.62% the S&P500.

In a research report sent to clients and investors on today, Deutsche Bank reiterated their “Buy” rating on RPC Group PLC (LON:RPC)‘s stock. The TP suggests a potential upside of 46.89% from company’s current stock price.

Among 11 analysts covering RPC Group PLC (LON:RPC), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. RPC Group PLC has GBX 1250 highest and GBX 700 lowest target. GBX 1069.60’s average target is 31.72% above currents GBX 812 stock price. RPC Group PLC had 143 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Friday, November 27 with “Buy”. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, April 19 report. The company was maintained on Tuesday, October 20 by RBC Capital Markets. Numis Securities maintained RPC Group Plc (LON:RPC) on Thursday, November 30 with “Add” rating. As per Thursday, January 28, the company rating was maintained by Canaccord Genuity. The rating was maintained by Peel Hunt on Friday, September 15 with “Buy”. The firm earned “Buy” rating on Thursday, September 24 by Jefferies. The firm has “Overweight” rating by JP Morgan given on Friday, June 3. The company was maintained on Monday, February 8 by Canaccord Genuity. The firm has “Overweight” rating given on Thursday, October 1 by JP Morgan.

The stock increased 0.89% or GBX 7.2 during the last trading session, reaching GBX 812. About 453,209 shares traded. RPC Group Plc (LON:RPC) has 0.00% since January 19, 2017 and is . It has underperformed by 16.70% the S&P500.

RPC Group Plc operates as a plastic product design and engineering firm worldwide. The company has market cap of 3.33 billion GBP. It operates through two divisions, Packaging and Non-Packaging. It has a 16.39 P/E ratio. The Packaging segment serves the food, non-food, personal care, beverage, and healthcare markets.

Investors sentiment increased to 0.87 in 2017 Q3. Its up 0.17, from 0.7 in 2017Q2. It is positive, as 47 investors sold Illinois Tool Works Inc. shares while 354 reduced holdings. 79 funds opened positions while 268 raised stakes. 251.79 million shares or 0.92% less from 254.13 million shares in 2017Q2 were reported. Newman Dignan And Sheerar owns 2,555 shares. Todd Asset Limited Liability owns 299,550 shares for 1.23% of their portfolio. Deutsche Natl Bank Ag invested in 0.12% or 1.18M shares. Synovus Fincl has 3,136 shares. Hyman Charles D reported 17,837 shares stake. Haverford Trust accumulated 22,518 shares. Winch Advisory Svcs Ltd invested 0.02% in Illinois Tool Works Inc. (NYSE:ITW). Palisade Asset Limited Com holds 0.15% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 5,583 shares. First Republic Management stated it has 0.03% in Illinois Tool Works Inc. (NYSE:ITW). Laurion Capital Mgmt Ltd Partnership holds 0.06% or 88,000 shares. Qci Asset Mngmt Inc Ny stated it has 0.01% in Illinois Tool Works Inc. (NYSE:ITW). Cannell Peter B & reported 0.25% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Regentatlantic Capital Ltd Llc has 4,483 shares for 0.06% of their portfolio. Diker Mngmt invested 0.13% in Illinois Tool Works Inc. (NYSE:ITW). Manchester Llc reported 0.06% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW).

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc had 74 analyst reports since July 24, 2015 according to SRatingsIntel. As per Thursday, April 21, the company rating was maintained by Robert W. Baird. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Outperform” rating by BMO Capital Markets on Tuesday, October 24. Morgan Stanley maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Tuesday, October 24. Morgan Stanley has “Equal-Weight” rating and $151 target. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Hold” rating given on Monday, October 23 by Robert W. Baird. The rating was downgraded by Robert W. Baird on Thursday, June 23 to “Neutral”. Morgan Stanley maintained Illinois Tool Works Inc. (NYSE:ITW) on Thursday, April 21 with “Equal-Weight” rating. The rating was maintained by Stifel Nicolaus on Friday, September 15 with “Hold”. As per Friday, October 13, the company rating was maintained by Robert W. Baird. The company was maintained on Monday, December 4 by Wells Fargo. The rating was maintained by Argus Research with “Buy” on Thursday, April 21.

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. The company has market cap of $58.35 billion. It operates through seven divisions: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. It has a 26.13 P/E ratio. The Automotive OEM segment produces plastic and metal components, fasteners, and assemblies for automotive-related applications.

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