Kate Ringrose Purchases 6,880 Shares of RS Group plc (LON:RS1) Stock

RS Group plc (LON:RS1) insider Kate Ringrose purchased 6,880 shares of RS Group stock in a transaction dated Tuesday, March 25th. The stock was bought at an average price of GBX 578 ($7.48) per share, for a total transaction of £39,766.40 ($51,470.88).

RS Group Stock Down 1.4 %

LON:RS1 opened at GBX 575 ($7.44) on Friday. RS Group plc has a one year low of GBX 572 ($7.40) and a one year high of GBX 850 ($11.00). The company has a debt-to-equity ratio of 47.26, a current ratio of 2.01 and a quick ratio of 1.24. The company has a market cap of £2.71 billion, a PE ratio of 14.86, a P/E/G ratio of 1.85 and a beta of 0.86. The firm’s 50 day simple moving average is GBX 629.70 and its 200 day simple moving average is GBX 693.06.

Wall Street Analysts Forecast Growth

RS1 has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on shares of RS Group from GBX 770 ($9.97) to GBX 780 ($10.10) and gave the company a “neutral” rating in a research note on Thursday, December 5th. Shore Capital upgraded shares of RS Group to a “buy” rating in a report on Tuesday, January 28th. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 840 ($10.87) price objective on shares of RS Group in a report on Friday, November 29th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 840 ($10.87).

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.