RS Group (LON:RS1) Price Target Lowered to GBX 770 at Royal Bank Of Canada

RS Group (LON:RS1) had its target price reduced by Royal Bank Of Canada from GBX 810 to GBX 770 in a research report report published on Monday,London Stock Exchange reports. They currently have an outperform rating on the stock.

Separately, Stifel Nicolaus reiterated a “buy” rating and issued a GBX 700 target price on shares of RS Group in a report on Thursday, March 26th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 708.

RS Group Price Performance

Shares of RS Group stock opened at GBX 559.25 on Monday. RS Group has a 52 week low of GBX 476.80 and a 52 week high of GBX 821.71. The company has a current ratio of 1.94, a quick ratio of 1.24 and a debt-to-equity ratio of 39.74. The stock has a market cap of £2.62 billion, a PE ratio of 16.55, a price-to-earnings-growth ratio of 1.85 and a beta of 0.69. The company’s 50-day moving average price is GBX 656.69 and its two-hundred day moving average price is GBX 614.25.

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. 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.