RS Group (LON:RS1 – Free Report) had its price target upped by Deutsche Bank Aktiengesellschaft from GBX 850 to GBX 885 in a research note published on Friday morning,Digital Look reports. They currently have a buy rating on the stock.
A number of other equities analysts also recently weighed in on RS1. JPMorgan Chase & Co. boosted their target price on shares of RS Group from GBX 635 to GBX 720 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Berenberg Bank upped their target price on shares of RS Group from GBX 650 to GBX 900 and gave the stock a “buy” rating in a research report on Thursday, October 22nd. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 754.29.
Check Out Our Latest Analysis on RS1
RS Group Price Performance
Shares of RS1 stock traded down GBX 16.82 during trading hours on Friday, hitting GBX 789.50. 2,879,586 shares of the company’s stock were exchanged, compared to its average volume of 8,468,864. The stock’s 50-day moving average is GBX 764.36 and its 200-day moving average is GBX 678.27. The company has a debt-to-equity ratio of 35.05, a current ratio of 1.79 and a quick ratio of 1.24. The stock has a market cap of £3.61 billion, a price-to-earnings ratio of 22.88, a price-to-earnings-growth ratio of 1.85 and a beta of 0.92. RS Group has a 52 week low of GBX 544.50 and a 52 week high of GBX 826.50.
RS Group (LON:RS1 – Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported GBX 20.90 earnings per share for the quarter. RS Group had a return on equity of 11.55% and a net margin of 5.62%. The company had revenue of GBX 154.43 billion during the quarter.
RS Group Company Profile
RS Group plc is a high-service global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably.
We operate in 33 markets, stock over 875,000 industrial and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building, and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital and process infrastructure sustainably.
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