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

Shares of RS Group plc (LON:RS1) have been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation 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.

Several analysts have recently commented on the stock. Deutsche Bank increased their price target on shares of RS Group from GBX 850 to GBX 885 and gave the company a “buy” rating in a research note on Friday, November 6th. JPMorgan Chase & Co. boosted their target price on RS Group from GBX 635 to GBX 720 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 900 price target on shares of RS Group in a research note on Thursday.

RS Group Price Performance

LON:RS1 opened at GBX 807.88 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.73 and a debt-to-equity ratio of 39.51. The firm has a market cap of £3.69 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 1.85 and a beta of 0.92. RS Group has a 12 month low of GBX 544.50 and a 12 month high of GBX 826.50. The company’s 50-day moving average price is GBX 768.74 and its two-hundred day moving average price is GBX 681.48.

RS Group (LON:RS1) last released its quarterly earnings results on Thursday, November 5th. The company reported GBX 20.90 earnings per share for the quarter. RS Group had a return on equity of 11.86% and a net margin of 5.52%. The firm had revenue of GBX 154.43 billion during the quarter.

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.