RS Group (LON:RS1) Raised to Buy at Shore Capital

RS Group (LON:RS1) was upgraded by Shore Capital to a “buy” rating in a report issued on Thursday, MarketBeat.com reports.

RS1 has been the subject of a number of other research reports. Citigroup upgraded shares of RS Group to a “buy” rating in a report on Thursday, September 5th. JPMorgan Chase & Co. raised their price target on shares of RS Group from GBX 780 ($10.15) to GBX 785 ($10.22) and gave the company a “neutral” rating in a research report on Friday, July 12th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, RS Group has an average rating of “Moderate Buy” and an average price target of GBX 841.67 ($10.96).

RS Group Stock Performance

Shares of RS Group stock opened at GBX 750.50 ($9.77) on Thursday. The company has a debt-to-equity ratio of 47.24, a current ratio of 2.01 and a quick ratio of 1.24. The stock has a market capitalization of £3.56 billion, a price-to-earnings ratio of 1,926.92, a price-to-earnings-growth ratio of 1.85 and a beta of 0.86. The business has a 50-day moving average of GBX 761.97 and a 200 day moving average of GBX 757.75. RS Group has a 12 month low of GBX 680.50 ($8.86) and a 12 month high of GBX 852.60 ($11.10).

RS Group Company Profile

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.