RS Group plc (LON:RS1) Receives GBX 732 Average Target Price from Analysts

Shares of RS Group plc (LON:RS1) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 732.

A number of research firms recently weighed in on RS1. Shore Capital restated a “buy” rating on shares of RS Group in a report on Thursday, November 6th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 810 price objective on shares of RS Group in a report on Friday, November 7th. Jefferies Financial Group restated a “buy” rating and issued a GBX 700 target price on shares of RS Group in a report on Tuesday, September 30th. Citigroup cut their target price on RS Group from GBX 800 to GBX 700 and set a “buy” rating on the stock in a research report on Friday, November 7th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 670 price target on shares of RS Group in a report on Friday, November 7th.

RS Group Stock Performance

LON RS1 opened at GBX 554.50 on Friday. The company has a market cap of £2.60 billion, a P/E ratio of 17.06, a PEG ratio of 1.85 and a beta of 0.86. The company has a fifty day simple moving average of GBX 565.34 and a 200 day simple moving average of GBX 566.16. The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 47.26. RS Group has a 12-month low of GBX 476.80 and a 12-month high of GBX 740.50.

RS Group (LON:RS1) last released its quarterly earnings data on Thursday, November 6th. The company reported GBX 17.60 earnings per share for the quarter. RS Group had a net margin of 6.24% and a return on equity of 12.99%.

About RS Group

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.