RS Group (LON:RS1) Stock Rating Upgraded by Shore Capital

RS Group (LON:RS1) was upgraded by research analysts at Shore Capital to a “buy” rating in a research report issued on Tuesday,Digital Look reports.

Several other equities analysts also recently commented on RS1. Berenberg Bank restated a “hold” rating and issued a GBX 840 ($10.45) price objective on shares of RS Group in a research report on Friday, November 29th. JPMorgan Chase & Co. increased their price target on shares of 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 research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 840 ($10.45).

RS Group Trading Down 1.4 %

LON RS1 traded down GBX 9.50 ($0.12) on Tuesday, hitting GBX 663.50 ($8.26). The company’s stock had a trading volume of 3,662,901 shares, compared to its average volume of 5,437,393. The company’s 50-day simple moving average is GBX 690.47 and its 200 day simple moving average is GBX 739.79. RS Group has a 52-week low of GBX 617 ($7.68) and a 52-week high of GBX 850 ($10.58). The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 47.24. The firm has a market cap of £3.14 billion, a P/E ratio of 1,701.28, a PEG ratio of 1.85 and a beta of 0.86.

RS Group (LON:RS1) last posted its quarterly earnings data on Thursday, November 7th. The company reported GBX 18.70 ($0.23) EPS for the quarter. RS Group had a net margin of 6.24% and a return on equity of 13.23%.

RS Group Company Profile

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.