RS Group plc (RS1.L) – What Are Brokerages Saying About This Stock?

Shares of RS Group plc (LON:RS1) have earned a consensus recommendation of “Moderate Buy” from the nine analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 696.25.

Several research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded RS Group to a “buy” rating and increased their price target for the stock from GBX 700 to GBX 775 in a research note on Wednesday, July 1st. JPMorgan Chase & Co. lifted their target price on shares of RS Group from GBX 635 to GBX 720 and gave the stock an “overweight” rating in a research note on Friday, July 17th.

RS Group Price Performance

RS Group stock opened at GBX 784 on Monday. RS Group has a 12 month low of GBX 541.50 and a 12 month high of GBX 821.71. The company has a current ratio of 1.79, a quick ratio of 1.24 and a debt-to-equity ratio of 35.05. The business’s 50 day simple moving average is GBX 750.41 and its 200 day simple moving average is GBX 674. The company has a market cap of £3.59 billion, a price-to-earnings ratio of 22.72, a PEG ratio of 1.85 and a beta of 0.87.

About RS Group

RS Group plc is a high-service global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably.

We operate in 33 markets, stock over 875,000 industrial 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.