RS Group (LON:RS1) Receives “Buy” Rating from Stifel Nicolaus

RS Group (LON:RS1)‘s stock had its “buy” rating reaffirmed by research analysts at Stifel Nicolaus in a note issued to investors on Thursday, MarketBeat reports. They currently have a GBX 700 price objective on the stock. Stifel Nicolaus’ target price suggests a potential upside of 24.89% from the company’s previous close.

RS Group Price Performance

LON RS1 opened at GBX 560.50 on Thursday. The company has a 50-day moving average price of GBX 661.93 and a 200-day moving average price of GBX 614.30. RS Group has a 52 week low of GBX 476.80 and a 52 week high of GBX 821.71. The company has a quick ratio of 1.24, a current ratio of 1.94 and a debt-to-equity ratio of 39.74. The firm has a market capitalization of £2.63 billion, a P/E ratio of 16.58, a PEG ratio of 1.85 and a beta of 0.69.

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. 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.