RS Group plc (LON:RS1) Receives GBX 696.25 Consensus PT from Brokerages

Shares of RS Group plc (LON:RS1) have received a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 696.25.

RS1 has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised shares of RS Group to a “buy” rating and lifted their price target for the company from GBX 700 to GBX 775 in a research report on Wednesday, July 1st. Berenberg Bank restated a “hold” rating and set a GBX 600 price objective on shares of RS Group in a report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. lifted their price target on 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 Stock Performance

Shares of RS1 stock opened at GBX 753.50 on Thursday. The company has a debt-to-equity ratio of 35.05, a quick ratio of 1.24 and a current ratio of 1.79. The firm has a market capitalization of £3.46 billion, a price-to-earnings ratio of 21.84, a price-to-earnings-growth ratio of 1.85 and a beta of 0.87. The company has a 50 day moving average price of GBX 719.91 and a 200 day moving average price of GBX 652.22. RS Group has a one year low of GBX 536.90 and a one year high of GBX 821.71.

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.