RS Group plc (LON:RS1) Stock Has Consensus Price Target of GBX 696.25

RS Group plc (LON:RS1) has earned a consensus rating of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 696.25.

Several equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of RS Group to a “buy” rating and lifted their target price for the company from GBX 700 to GBX 775 in a report on Wednesday, July 1st. JPMorgan Chase & Co. boosted their price target on RS Group from GBX 635 to GBX 720 and gave the stock an “overweight” rating in a research report on Friday, July 17th.

RS Group Price Performance

Shares of RS1 opened at GBX 797.50 on Monday. The stock has a market cap of £3.65 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 1.85 and a beta of 0.87. The company has a debt-to-equity ratio of 35.05, a quick ratio of 1.24 and a current ratio of 1.79. RS Group has a fifty-two week low of GBX 536.90 and a fifty-two week high of GBX 821.71. The firm’s 50-day simple moving average is GBX 748.89 and its two-hundred day simple moving average is GBX 670.84.

About RS Group

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.