RS Group plc (LON:RS1 - Get Free Report) shares hit a new 52-week low during trading on Friday . The company traded as low as GBX 655 ($8.00) and last traded at GBX 655.50 ($8.00), with a volume of 457668 shares traded. The stock had previously closed at GBX 672.50 ($8.21).
Wall Street Analyst Weigh In
A number of brokerages have recently commented on RS1. Shore Capital raised RS Group to a "buy" rating in a research report on Thursday, November 7th. Berenberg Bank reissued a "hold" rating and issued a GBX 840 ($10.26) price target on shares of RS Group in a research report on Friday, November 29th. Finally, JPMorgan Chase & Co. boosted their price target on RS Group from GBX 770 ($9.40) to GBX 780 ($9.52) and gave the stock a "neutral" rating in a research report on Thursday, December 5th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 840 ($10.26).
Check Out Our Latest Stock Analysis on RS Group
RS Group Stock Performance
The company has a market capitalization of £3.05 billion, a PE ratio of 1,652.56, a price-to-earnings-growth ratio of 1.85 and a beta of 0.86. The business's fifty day moving average is GBX 702.32 and its two-hundred day moving average is GBX 742.98. The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 47.24.
RS Group Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, November 21st were paid a dividend of GBX 8.50 ($0.10) per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 1.25%. RS Group's dividend payout ratio is presently 5,641.03%.
RS Group Company Profile
(
Get Free Report)
RS Group plc is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably.
We operate in 36 markets, stock over 800,000 technical and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers.
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