UBS Group Reaffirms “Neutral” Rating for RS Group (LON:RS1)

RS Group (LON:RS1)‘s stock had its “neutral” rating reissued by analysts at UBS Group in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 620 price objective on the stock. UBS Group’s price target points to a potential upside of 2.90% from the company’s current price.

RS1 has been the topic of a number of other reports. Stifel Nicolaus restated a “buy” rating and set a GBX 700 price target on shares of RS Group in a report on Thursday, March 26th. Royal Bank Of Canada lowered their price objective on shares of RS Group from GBX 810 to GBX 770 and set an “outperform” rating for the company in a research note on Monday, March 30th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, RS Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 693.33.

RS Group Stock Performance

LON RS1 opened at GBX 602.50 on Monday. The business has a 50 day simple moving average of GBX 599.54 and a 200 day simple moving average of GBX 621.71. RS Group has a one year low of GBX 536.90 and a one year high of GBX 821.71. The stock has a market capitalization of £2.82 billion, a P/E ratio of 17.83, a P/E/G 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.