RS Group (LON:RS1) Receives "Buy" Rating from Stifel Nicolaus

Key Points

• Stifel Nicolaus reiterated a "Buy" rating on RS Group with a GBX 700 price target, implying roughly a 24.9% upside from the prior close.
• RS Group shares opened at GBX 560.50 and were down about 0.4%, trading in a 12‑month range of GBX 476.80–821.71, with a market cap of £2.63bn and a P/E of 16.6.
• RS Group is a global industrial product and service provider operating in 36 markets, stocking ~800,000 products (and listing ~5 million more) to support customers across the industrial lifecycle with a focus on efficiency and sustainability.

RS Group (LON:RS1 - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Stifel Nicolaus in a research report issued on Thursday, MarketBeat Ratings reports. They currently have a GBX 700 price objective on the stock. Stifel Nicolaus' price objective indicates a potential upside of 24.89% from the company's previous close.

RS Group Trading Down 0.4%

Shares of RS1 stock opened at GBX 560.50 on Thursday. RS Group has a 12-month low of GBX 476.80 and a 12-month high of GBX 821.71. The company has a current ratio of 1.94, a quick ratio of 1.24 and a debt-to-equity ratio of 39.74. The firm's 50 day moving average is GBX 661.93 and its 200 day moving average is GBX 614.30. The stock has a market capitalization of £2.63 billion, a P/E ratio of 16.58, a P/E/G ratio of 1.85 and a beta of 0.69.

RS Group Company Profile

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. 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.

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