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

RWS Holdings plc (LON:RWS)’s stock price traded 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. 16,062,262 shares were traded 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 reiterated a “hold” rating on shares of RWS in a research note on Tuesday. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, RWS has a consensus rating of “Moderate Buy” and an average price target of GBX 210.

RWS Price Performance

The firm has a market capitalization 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 debt-to-equity ratio of 11.29, a quick ratio of 1.43 and a current ratio of 1.76. The business has a 50 day simple moving average of GBX 89.53 and a two-hundred day simple moving average of GBX 87.34.

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.