RS Group (LON:RS1 - Get Free Report) was upgraded by Shore Capital to a "buy" rating in a research report issued on Tuesday, MarketBeat Ratings reports.
Several other brokerages have also commented on RS1. Berenberg Bank reissued a "hold" rating and issued a GBX 840 ($10.45) price objective on shares of RS Group in a report on Friday, November 29th. JPMorgan Chase & Co. increased their target price on RS Group from GBX 770 ($9.58) to GBX 780 ($9.71) and gave the company a "neutral" rating in a report on Thursday, December 5th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 840 ($10.45).
View Our Latest Report on RS Group
RS Group Stock Performance
RS1 stock traded down GBX 9.50 ($0.12) during trading on Tuesday, hitting GBX 663.50 ($8.26). 3,662,901 shares of the company traded hands, compared to its average volume of 5,437,393. RS Group has a 1 year low of GBX 617 ($7.68) and a 1 year high of GBX 850 ($10.58). The company has a market cap of £3.14 billion, a PE ratio of 1,701.28, a P/E/G ratio of 1.85 and a beta of 0.86. The stock's 50-day simple moving average is GBX 689.34 and its 200 day simple moving average is GBX 738.99. The company has a debt-to-equity ratio of 47.24, a current ratio of 2.01 and a quick ratio of 1.24.
RS Group (LON:RS1 - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported GBX 18.70 ($0.23) earnings per share for the quarter. RS Group had a net margin of 6.24% and a return on equity of 13.23%.
About RS Group
(
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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