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

RS Group plc (LON:RS1) insider Kate Ringrose bought 6,880 shares of the stock in a transaction on Tuesday, March 25th. The stock was purchased at an average price of GBX 578 ($7.48) per share, for a total transaction of £39,766.40 ($51,484.21).

RS Group Stock Performance

LON RS1 opened at GBX 584.50 ($7.57) on Friday. RS Group plc has a 52-week low of GBX 575 ($7.44) and a 52-week high of GBX 850 ($11.00). The company has a fifty day moving average of GBX 631.81 and a 200-day moving average of GBX 693.89. The company has a market capitalization of £2.76 billion, a P/E ratio of 15.10, a P/E/G ratio of 1.85 and a beta of 0.86. The company has a debt-to-equity ratio of 47.26, a quick ratio of 1.24 and a current ratio of 2.01.

Analyst Ratings Changes

RS1 has been the topic of several research analyst reports. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 840 ($10.88) price target on shares of RS Group in a report on Friday, November 29th. Shore Capital upgraded RS Group to a “buy” rating in a research note on Tuesday, January 28th. Finally, JPMorgan Chase & Co. lifted 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 report on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 840 ($10.88).

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.