RS Group plc (LON:RS1) Stock Has Average Price Target of GBX 733.75 According to Brokerages

Shares of RS Group plc (LON:RS1) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 754.29.

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price target on RS Group from GBX 850 to GBX 885 and gave the company a “buy” rating in a research report on Friday, November 6th. Berenberg Bank lifted their target price on shares of RS Group from GBX 650 to GBX 900 and gave the stock a “buy” rating in a research report on Thursday, October 22nd. Finally, JPMorgan Chase & Co. upped their price target on shares of RS Group from GBX 635 to GBX 720 and gave the company an “overweight” rating in a report on Friday, July 17th.

RS Group Stock Performance

Shares of RS1 stock opened at GBX 798 on Friday. The business’s fifty day moving average price is GBX 765.95 and its 200 day moving average price is GBX 679.83. The firm has a market capitalization of £3.65 billion, a PE ratio of 23.13, a P/E/G ratio of 1.85 and a beta of 0.92. The company has a debt-to-equity ratio of 39.51, a current ratio of 1.73 and a quick ratio of 1.24. RS Group has a 1-year low of GBX 544.50 and a 1-year high of GBX 826.50.

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 net margin of 5.52% and a return on equity of 11.86%. The business 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.