Insider Buying: RS Group plc (LON:RS1) Insider Acquires 7,860 Shares of Stock

RS Group plc (LON:RS1 - Get Free Report) insider Miles Roberts acquired 7,860 shares of RS Group stock in a transaction that occurred on Friday, March 28th. The shares were purchased at an average price of GBX 578 ($7.48) per share, with a total value of £45,430.80 ($58,802.49).

RS Group Stock Down 1.4 %

RS1 stock opened at GBX 575 ($7.44) on Friday. The business's 50-day moving average price is GBX 629.70 and its 200-day moving average price is GBX 693.06. The stock has a market cap of £2.71 billion, a P/E ratio of 14.86, a PEG ratio of 1.85 and a beta of 0.86. The company has a quick ratio of 1.24, a current ratio of 2.01 and a debt-to-equity ratio of 47.26. RS Group plc has a twelve month low of GBX 572 ($7.40) and a twelve month high of GBX 850 ($11.00).

Analyst Upgrades and Downgrades

RS1 has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price target on 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. Berenberg Bank restated a "hold" rating and set a GBX 840 ($10.87) target price on shares of RS Group in a research report on Friday, November 29th. Finally, Shore Capital upgraded shares of RS Group to a "buy" rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 840 ($10.87).




Get 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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