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

RWS Holdings plc (LON:RWS) fell 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. 16,062,262 shares changed hands during trading, an increase of 583% from the average session volume of 2,352,046 shares. The stock had previously closed at GBX 94.10.

Separately, Shore Capital restated a “hold” rating on shares of RWS in a research note on Tuesday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 210.

RWS Price Performance

The firm has a market capitalization of £297.37 million, a price-to-earnings ratio of 12.00, a P/E/G ratio of 1.43 and a beta of 0.76. The company has a quick ratio of 1.43, a current ratio of 1.76 and a debt-to-equity ratio of 11.29. The company’s 50 day moving average is GBX 89.53 and its 200 day moving average is GBX 87.34.

About RWS

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.