RWS (LON:RWS) Shares Down 14.5% After Analyst Downgrade

RWS Holdings plc (LON:RWS)’s share price was down 14.5% during mid-day trading on Tuesday after Berenberg Bank lowered their price target on the stock from GBX 240 to GBX 210. Berenberg Bank currently has a buy rating on the stock. RWS traded as low as GBX 77.77 and last traded at GBX 80.41. Approximately 16,062,262 shares changed hands during mid-day trading, an increase of 583% from the average daily volume of 2,352,046 shares. The stock had previously closed at GBX 94.10.

Separately, Shore Capital reaffirmed a “hold” rating on shares of RWS in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 210.

RWS Price Performance

The business’s 50 day moving average price is GBX 89.53 and its two-hundred day moving average price is GBX 87.34. The stock has a market cap of £297.37 million, a P/E ratio of 12.00, a price-to-earnings-growth ratio of 1.43 and a beta of 0.76. The company has a current ratio of 1.76, a quick ratio of 1.43 and a debt-to-equity ratio of 11.29.

RWS Company Profile

RWS is a content solutions company, powered by technology and human expertise. We grow the value of ideas, data and content by making sure organizations are understood. Everywhere.

Our proprietary technology, 45+ AI patents and human experts help organizations bring ideas to market faster, build deeper relationships across borders and cultures, and enter new markets with confidence – growing their business and connecting them to a world of opportunities.

It’s why over 80 of the world’s top 100 brands trust RWS to drive innovation, inform decisions and shape brand experiences.

With 60+ global locations, across five continents, our teams work with businesses across almost all industries.