RS Group plc (LON:RS1) Receives Consensus Recommendation of “Moderate Buy” from Analysts

RS Group plc (LON:RS1) has been given an average recommendation of “Moderate Buy” by the six analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 708.

Several brokerages recently issued reports on RS1. Royal Bank Of Canada reduced their price objective on RS Group from GBX 810 to GBX 770 and set an “outperform” rating on the stock in a research note on Monday, March 30th. Stifel Nicolaus reissued a “buy” rating and issued a GBX 700 target price on shares of RS Group in a report on Thursday, March 26th.

RS Group Stock Performance

Shares of RS1 opened at GBX 602.50 on Friday. The business’s fifty day moving average price is GBX 600.79 and its 200 day moving average price is GBX 621.49. RS Group has a 12-month low of GBX 536.90 and a 12-month high of GBX 821.71. The stock has a market capitalization of £2.82 billion, a PE ratio of 17.83, a price-to-earnings-growth ratio of 1.85 and a beta of 0.80. The company has a debt-to-equity ratio of 39.74, a current ratio of 1.94 and a quick ratio of 1.24.

About RS Group

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.