RS Group plc (LON:RS1) Receives GBX 716 Consensus Target Price from Analysts

RS Group plc (LON:RS1) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 708.

Several research analysts have recently issued reports on the stock. Stifel Nicolaus restated a “buy” rating and issued a GBX 700 target price on shares of RS Group in a report on Thursday, March 26th. Royal Bank Of Canada cut their price target on shares of RS Group from GBX 810 to GBX 770 and set an “outperform” rating on the stock in a research note on Monday.

RS Group Stock Performance

Shares of RS Group stock opened at GBX 566.98 on Thursday. The company has a quick ratio of 1.24, a current ratio of 1.94 and a debt-to-equity ratio of 39.74. RS Group has a 52 week low of GBX 476.80 and a 52 week high of GBX 821.71. The firm’s 50 day moving average is GBX 654.11 and its two-hundred day moving average is GBX 613.95. The firm has a market capitalization of £2.66 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.85 and a beta of 0.69.

About RS Group

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.