RS Group (LON:RS1) Given Neutral Rating at UBS Group

RS Group (LON:RS1)‘s stock had its “neutral” rating reissued by stock analysts at UBS Group in a research note issued on Monday,Digital Look reports. They currently have a GBX 620 price target on the stock. UBS Group’s price target would suggest a potential upside of 2.90% from the stock’s current price.

Several other brokerages also recently commented on RS1. Royal Bank Of Canada lowered their price objective on RS Group from GBX 810 to GBX 770 and set an “outperform” rating for the company in a research note on Monday, March 30th. Stifel Nicolaus restated a “buy” rating and set a GBX 700 price objective on shares of RS Group in a research note on Thursday, March 26th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, RS Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 693.33.

RS Group Price Performance

Shares of LON RS1 opened at GBX 602.50 on Monday. RS Group has a fifty-two week low of GBX 536.90 and a fifty-two week high of GBX 821.71. The stock has a market cap of £2.82 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 1.85 and a beta of 0.80. The company has a debt-to-equity ratio of 39.74, a quick ratio of 1.24 and a current ratio of 1.94. The firm’s 50-day simple moving average is GBX 599.54 and its 200 day simple moving average is GBX 621.71.

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.