Stifel Nicolaus Reaffirms “Buy” Rating for RS Group (LON:RS1)

RS Group (LON:RS1)‘s stock had its “buy” rating reissued by research analysts at Stifel Nicolaus in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. They currently have a GBX 700 target price on the stock. Stifel Nicolaus’ price objective points to a potential upside of 25.22% from the company’s previous close.

RS Group Stock Down 1.0%

Shares of LON:RS1 opened at GBX 559 on Thursday. 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 company has a market capitalization of £2.62 billion, a P/E ratio of 16.54, a P/E/G ratio of 1.85 and a beta of 0.69. RS Group has a 52-week low of GBX 476.80 and a 52-week high of GBX 821.71. The stock’s fifty day simple moving average is GBX 658.30 and its 200-day simple moving average is GBX 613.86.

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.