RS Group plc (LON:RS1) Receives GBX 708 Consensus PT from Brokerages

Shares of RS Group plc (LON:RS1) have earned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 708.

A number of brokerages recently issued reports on RS1. Royal Bank Of Canada decreased their price objective on RS Group from GBX 810 to GBX 770 and set an “outperform” rating for the company in a report on Monday, March 30th. Stifel Nicolaus reissued a “buy” rating and issued a GBX 700 price objective on shares of RS Group in a report on Thursday, March 26th.

RS Group Stock Down 0.2%

Shares of RS Group stock opened at GBX 613 on Monday. The company has a current ratio of 1.94, a quick ratio of 1.24 and a debt-to-equity ratio of 39.74. The business’s 50 day simple moving average is GBX 627.49 and its 200-day simple moving average is GBX 615.97. The stock has a market capitalization of £2.87 billion, a price-to-earnings ratio of 18.14, a PEG ratio of 1.85 and a beta of 0.80. RS Group has a twelve month low of GBX 491.60 and a twelve month high of GBX 821.71.

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.