RS Group plc (LON:RS1) Receives GBX 716 Average Target Price from Analysts

RS Group plc (LON:RS1) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 716.

Separately, Stifel Nicolaus reissued a “buy” rating and issued a GBX 700 price objective on shares of RS Group in a research note on Thursday.

RS Group Stock Performance

LON:RS1 opened at GBX 559 on Thursday. The stock has a market cap of £2.62 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 1.85 and a beta of 0.69. The firm’s fifty day simple moving average is GBX 658.30 and its 200-day simple moving average is GBX 614.13. RS Group has a fifty-two week low of GBX 476.80 and a fifty-two week high of GBX 821.71. The company has a quick ratio of 1.24, a current ratio of 1.94 and a debt-to-equity ratio of 39.74.

About RS Group

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. This extensive range supports our customers across the industrial lifecycle of designing, building, and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital and process infrastructure sustainably.