RS Group plc (RS1.L) – What Are Investment Firms Thinking About This Stock?

RS Group plc (LON:RS1) has been assigned an average rating of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 733.75.

A number of equities research analysts have recently commented on the stock. Berenberg Bank raised their price objective on shares of RS Group from GBX 650 to GBX 900 and gave the stock a “buy” rating in a research note on Thursday, October 22nd. JPMorgan Chase & Co. boosted their target price on shares of RS Group from GBX 635 to GBX 720 and gave the company an “overweight” rating in a research note on Friday, July 17th.

RS Group Stock Down 3.5%

Shares of RS1 stock opened at GBX 778 on Friday. The stock has a 50 day moving average of GBX 763.62 and a 200 day moving average of GBX 677.49. 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 stock has a market cap of £3.56 billion, a P/E ratio of 22.55, a P/E/G ratio of 1.85 and a beta of 0.87. RS Group has a twelve month low of GBX 544.50 and a twelve month high of GBX 821.71.

RS Group (LON:RS1) last announced its quarterly earnings results on Thursday, November 5th. The company reported GBX 20.90 earnings per share (EPS) for the quarter. RS Group had a return on equity of 11.55% and a net margin of 5.62%. The company had revenue of GBX 154.43 billion during the quarter.

RS Group Company Profile

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.