RS Group plc (LON:RS1) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Shares of RS Group plc (LON:RS1) carry a consensus rating of Moderate Buy from six brokerages (five buy, one hold), with an average 12‑month price target of GBX 716; Stifel Nicolaus also reiterated a buy with a GBX 700 target.
• RS1 opened at GBX 560.50, trading below its 50‑day (GBX 661.93) and 200‑day (GBX 614.30) moving averages, with a 12‑month range of GBX 476.80–821.71, a market cap of £2.63bn and a P/E of 16.58.

Shares of RS Group plc (LON:RS1 - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 716.

Separately, Stifel Nicolaus restated a "buy" rating and set a GBX 700 price target on shares of RS Group in a report on Thursday.

RS Group Price Performance

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

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. 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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