RS Group's (RS1) Outperform Rating Reaffirmed at Royal Bank of Canada

RS Group (LON:RS1 - Get Free Report)'s stock had its "outperform" rating reiterated by investment analysts at Royal Bank of Canada in a research note issued on Wednesday, Marketbeat reports. They presently have a GBX 925 ($11.61) price target on the stock. Royal Bank of Canada's price target suggests a potential upside of 34.45% from the stock's previous close.

RS Group Stock Performance

Shares of LON RS1 traded down GBX 22.50 ($0.28) during midday trading on Wednesday, reaching GBX 688 ($8.64). 1,293,398 shares of the company traded hands, compared to its average volume of 938,787. RS Group has a 52 week low of GBX 551.20 ($6.92) and a 52 week high of GBX 936.20 ($11.75). The stock has a 50-day moving average price of GBX 754.22 and a 200 day moving average price of GBX 750.58. The company has a debt-to-equity ratio of 63.10, a current ratio of 1.90 and a quick ratio of 1.24. The company has a market cap of £3.26 billion, a price-to-earnings ratio of 1,376.00, a PEG ratio of 1.85 and a beta of 0.92.

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.