RWS (RWS) Now Covered by Berenberg Bank
Analysts at Berenberg Bank initiated coverage on shares of RWS (LON:RWS) in a research note issued on Wednesday, November 29th, MarketBeat.com reports. The firm set a “buy” rating and a GBX 530 ($7.09) price target on the stock. Berenberg Bank’s price target indicates a potential upside of 14.91% from the stock’s current price.
Several other research analysts have also recently commented on the stock. Shore Capital cut shares of RWS to a “hold” rating in a report on Thursday, August 3rd. Numis Securities raised their target price on shares of RWS from GBX 375 ($5.01) to GBX 430 ($5.75) and gave the stock a “hold” rating in a report on Sunday, October 8th.
Shares of RWS (LON:RWS) traded up GBX 2.50 ($0.03) on Wednesday, hitting GBX 461.25 ($6.17). 65,256 shares of the company’s stock traded hands, compared to its average volume of 154,807. RWS has a one year low of GBX 294.50 ($3.94) and a one year high of GBX 569.04 ($7.61). The firm has a market capitalization of $1,250.00 and a PE ratio of 4,193.18.
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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