Kate Ringrose Buys 6,880 Shares of RS Group plc (LON:RS1) Stock

RS Group plc (LON:RS1) insider Kate Ringrose acquired 6,880 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average price of GBX 578 ($7.48) per share, for a total transaction of £39,766.40 ($51,484.21).

RS Group Price Performance

RS Group stock opened at GBX 584.50 ($7.57) on Friday. The firm has a market capitalization of £2.76 billion, a P/E ratio of 15.10, a PEG ratio of 1.85 and a beta of 0.86. RS Group plc has a one year low of GBX 575 ($7.44) and a one year high of GBX 850 ($11.00). The company has a debt-to-equity ratio of 47.26, a current ratio of 2.01 and a quick ratio of 1.24. The business has a fifty day moving average price of GBX 631.81 and a 200-day moving average price of GBX 693.89.

Analyst Ratings Changes

RS1 has been the topic of a number of recent research reports. Berenberg Bank reaffirmed a “hold” rating and set a GBX 840 ($10.88) price target on shares of RS Group in a research report on Friday, November 29th. JPMorgan Chase & Co. upped their price objective on shares of RS Group from GBX 770 ($9.97) to GBX 780 ($10.10) and gave the company a “neutral” rating in a report on Thursday, December 5th. Finally, Shore Capital upgraded shares of RS Group to a “buy” rating in a research note on Tuesday, January 28th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 840 ($10.88).

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.