Brokerages Set RS Group plc (LON:RS1) Target Price at GBX 708

RS Group plc (LON:RS1) has been given a consensus rating of “Moderate Buy” by the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 693.33.

Several analysts have recently weighed in on RS1 shares. UBS Group reaffirmed a “neutral” rating and set a GBX 620 price objective on shares of RS Group in a report on Monday. Royal Bank Of Canada cut their target price on shares of RS Group from GBX 810 to GBX 770 and set an “outperform” rating on the stock in a report on Monday, March 30th. Finally, Stifel Nicolaus restated a “buy” rating and set a GBX 700 price objective on shares of RS Group in a report on Thursday, March 26th.

RS Group Stock Performance

LON RS1 opened at GBX 610.50 on Friday. The firm has a market cap of £2.86 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 1.85 and a beta of 0.80. The company has a 50 day moving average of GBX 597.51 and a 200-day moving average of GBX 622.33. The company has a current ratio of 1.94, a quick ratio of 1.24 and a debt-to-equity ratio of 39.74. RS Group has a 1-year low of GBX 536.90 and a 1-year 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.