RS Group (LON:RS1) Earns “Outperform” Rating from Royal Bank Of Canada

RS Group (LON:RS1)‘s stock had its “outperform” rating reiterated by research analysts at Royal Bank Of Canada in a research report issued on Friday, Marketbeat Ratings reports. They presently have a GBX 810 price objective on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 38.70% from the stock’s previous close.

RS1 has been the topic of several other reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 700 target price on shares of RS Group in a research note on Tuesday, September 30th. Shore Capital reiterated a “buy” rating on shares of RS Group in a report on Thursday. Citigroup reduced their price target on RS Group from GBX 800 to GBX 700 and set a “buy” rating on the stock in a report on Friday. Finally, Berenberg Bank dropped their price objective on RS Group from GBX 700 to GBX 670 and set a “hold” rating for the company in a report on Tuesday, September 2nd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, RS Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 732.

RS Group Stock Performance

LON RS1 opened at GBX 584 on Friday. RS Group has a 1 year low of GBX 476.80 and a 1 year high of GBX 772. The company has a debt-to-equity ratio of 47.26, a current ratio of 2.01 and a quick ratio of 1.24. The stock has a market capitalization of £2.74 billion, a PE ratio of 17.97, a P/E/G ratio of 1.85 and a beta of 0.86. The company’s 50 day simple moving average is GBX 563.88 and its two-hundred day simple moving average is GBX 564.43.

RS Group (LON:RS1) last announced its earnings results on Thursday, November 6th. The company reported GBX 17.60 earnings per share (EPS) for the quarter. RS Group had a net margin of 6.24% and a return on equity of 12.99%.

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.