RS Group plc (LON:RS1) Insider Kate Ringrose Buys 6,880 Shares

RS Group plc (LON:RS1 - Get Free Report) insider Kate Ringrose purchased 6,880 shares of RS Group stock in a transaction dated Tuesday, March 25th. The shares were bought at an average cost of GBX 578 ($7.44) per share, for a total transaction of £39,766.40 ($51,199.18).

RS Group Stock Performance

LON:RS1 opened at GBX 583 ($7.51) on Thursday. The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 47.26. The company has a 50-day moving average of GBX 633.38 and a 200-day moving average of GBX 694.66. RS Group plc has a twelve month low of GBX 575 ($7.40) and a twelve month high of GBX 850 ($10.94). The firm has a market cap of £2.75 billion, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 1.85 and a beta of 0.86.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Shore Capital raised shares of RS Group to a "buy" rating in a report on Tuesday, January 28th. Berenberg Bank reissued a "hold" rating and issued a GBX 840 ($10.81) target price on shares of RS Group in a report on Friday, November 29th. Finally, JPMorgan Chase & Co. lifted their target price on RS Group from GBX 770 ($9.91) to GBX 780 ($10.04) and gave the company a "neutral" rating in a research note on Thursday, December 5th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 840 ($10.81).




Check Out Our Latest Analysis on RS1

RS Group Company Profile

(Get Free Report)

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.

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