RS Group (LON:RS1) Earns Hold Rating from Berenberg Bank

RS Group (LON:RS1)‘s stock had its “hold” rating reaffirmed by analysts at Berenberg Bank in a research note issued to investors on Friday, MarketBeat Ratings reports. They currently have a GBX 840 ($10.63) price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 17.81% from the stock’s previous close.

RS1 has been the topic of a number of other research reports. Shore Capital raised RS Group to a “buy” rating in a research report on Thursday, November 7th. Citigroup raised RS Group to a “buy” rating in a research report on Thursday, September 5th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 841.67 ($10.65).

RS Group Trading Down 0.2 %

LON:RS1 traded down GBX 1.50 ($0.02) during midday trading on Friday, hitting GBX 713 ($9.02). The stock had a trading volume of 396,589 shares, compared to its average volume of 1,380,429. The company has a market capitalization of £3.38 billion, a price-to-earnings ratio of 1,828.21, a PEG ratio of 1.85 and a beta of 0.86. The company has a quick ratio of 1.24, a current ratio of 2.01 and a debt-to-equity ratio of 47.24. RS Group has a one year low of GBX 680.50 ($8.61) and a one year high of GBX 852.60 ($10.79). The stock has a 50-day moving average of GBX 746.35 and a 200 day moving average of GBX 753.87.

RS Group Company Profile

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.