RWS (LON:RWS) had its price objective increased by equities research analysts at Berenberg Bank from GBX 530 ($6.93) to GBX 615 ($8.04) in a report released on Thursday, ThisIsMoney.Co.Uk reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 8.47% from the company’s previous close.
Separately, Barclays assumed coverage on RWS in a research note on Friday, January 18th. They issued an “overweight” rating and a GBX 560 ($7.32) price objective on the stock.
LON:RWS opened at GBX 567 ($7.41) on Thursday. The company has a debt-to-equity ratio of 29.07, a quick ratio of 1.32 and a current ratio of 1.46. The company has a market capitalization of $1.55 billion and a price-to-earnings ratio of 54.52. RWS has a 12-month low of GBX 335.50 ($4.38) and a 12-month high of GBX 536.28 ($7.01).
RWS Holdings plc engages in the translation, intellectual property (IP) support, life sciences language, and localization businesses. The company operates through four segments: Patent Translation & Filing, Patent Information, Life Sciences, and Language Solutions. The Patent Translation & Filing segment undertakes patent translation and filing services of patent activities, as well as IP translations for litigation and information purposes, including prior-art documents, office actions, opposition proceedings and correspondence, and written opinions of international searching authorities.
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