RWS (LON:RWS) Stock Price Down 14.5% Following Analyst Downgrade

Shares of RWS Holdings plc (LON:RWS) dropped 14.5% during 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 reiterated a “hold” rating on shares of RWS in a report on Tuesday. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 210.

RWS Price Performance

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

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.