RS Group (LON:RS1) Receives Buy Rating from Stifel Nicolaus

Stifel Nicolaus reissued their buy rating on shares of RS Group (LON:RS1) in a research note released on Thursday, MarketBeat.com reports. Stifel Nicolaus currently has a GBX 700 price target on the stock.

RS Group Trading Up 0.5%

Shares of RS Group stock opened at GBX 567.50 on Thursday. The firm has a 50-day simple moving average of GBX 660.14 and a two-hundred day simple moving average of GBX 613.97. The company has a debt-to-equity ratio of 39.74, a quick ratio of 1.24 and a current ratio of 1.94. 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 market cap of £2.66 billion, a P/E ratio of 16.79, a price-to-earnings-growth ratio of 1.85 and a beta of 0.69.

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.