RS Group (LON:RS1) Given Hold Rating at Berenberg Bank

RS Group (LON:RS1)‘s stock had its “hold” rating restated by analysts at Berenberg Bank in a research report issued on Friday, Marketbeat.com reports. They presently have a GBX 840 ($10.63) price objective on the stock. Berenberg Bank’s price objective would indicate a potential upside of 17.81% from the company’s current price.

RS1 has been the subject of several other research reports. Shore Capital upgraded shares of RS Group to a “buy” rating in a report on Thursday, November 7th. Citigroup raised RS Group to a “buy” rating in a report on Thursday, September 5th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 841.67 ($10.65).

RS Group Stock Down 0.2 %

LON RS1 traded down GBX 1.50 ($0.02) on Friday, hitting GBX 713 ($9.02). 396,589 shares of the stock were exchanged, compared to its average volume of 1,380,429. The company has a market cap of £3.38 billion, a PE ratio of 1,828.21, a PEG ratio of 1.85 and a beta of 0.86. The company has a 50-day moving average price of GBX 746.35 and a 200-day moving average price of GBX 753.87. RS Group has a fifty-two week low of GBX 680.50 ($8.61) and a fifty-two week high of GBX 852.60 ($10.79). The company has a quick ratio of 1.24, a current ratio of 2.01 and a debt-to-equity ratio of 47.24.

About RS Group

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.