Shore Capital Downgrades RWS Holdings plc (RWS) to Hold
RWS Holdings plc (LON:RWS) was downgraded by research analysts at Shore Capital to a “hold” rating in a research note issued to investors on Thursday.
Other equities research analysts have also issued research reports about the company. Numis Securities Ltd reiterated an “add” rating and issued a GBX 375 ($4.95) target price on shares of RWS Holdings plc in a research note on Wednesday, April 12th. Citigroup Inc. initiated coverage on RWS Holdings plc in a research note on Thursday, July 6th. They issued a “neutral” rating and a GBX 395 ($5.21) target price for the company.
Shares of RWS Holdings plc (LON RWS) traded down 1.79% during trading on Thursday, hitting GBX 411.00. The stock had a trading volume of 12,956 shares. The firm’s market cap is GBX 898.53 million. RWS Holdings plc has a 12-month low of GBX 225.00 and a 12-month high of GBX 419.75. The stock has a 50-day moving average of GBX 392.46 and a 200 day moving average of GBX 357.06.
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In other news, insider Roberto Aletto sold 100,000 shares of the stock in a transaction dated Friday, June 23rd. The stock was sold at an average price of GBX 378 ($4.99), for a total value of £378,000 ($498,614.96).
About RWS Holdings plc
RWS Holdings plc is a holding company, which provides patent translations, intellectual property support services, technical and commercial translations and linguistic validation services, through its subsidiaries. The Company’s segments include Patent translation division, Life science division, Commercial division and Information division.
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