RS Group (LON:RS1) rated Neutral at JPMorgan Chase & Co.

RS Group (LON:RS1 – get free report)JPMorgan Chase & Co. stock analysts in a report published on Tuesday, according to LSE.Co.UK, the recommendation of the company’s shares was reconfirmed by JPMorgan Chase & Co. stock analysts. They currently have a price target of GBX780 ($9.91) on the stock. JPMorgan Chase & Co. Target Price would suggest a potential increase of 9.24% over the company’s current price.

Many other research analysts have also recently published reports on RS1. On Wednesday, May 22, Shore Capital maintained a “hold” rating on RS Group shares. Royal Bank of Canada lowered their price target on RS Group from GBX925 ($11.75) to GBX900 ($11.44) and gave the company an “outperform” rating in a research note on Wednesday, May 29.

Get our latest stock analysis on RS1

RS Group inventory increase by 1.3%

Shares of LON:RS1 opened on Tuesday at GBX714 ($9.07). The stock has a fifty-day simple moving average of GBX 742.48 and a two-hundred-day simple moving average of GBX 759.82. The stock has a market capitalization of £3.38 billion, a price-to-earnings ratio of 1,830.77, a PEG ratio of 1.85 and a beta of 0.89. RS Group has a 12-month low of 551.20 GBX ($7.00) and a 12-month high of 852.60 GBX ($10.83). The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt to equity ratio of 47.24.

Confidential transactions at RS Group

In other RS ​​Group news, whistleblower Simon Pryce purchased 6,114 shares of the company’s stock in a transaction dated Wednesday, May 29th. The shares were purchased at an average price of GBX740 ($9.40) per share, for a total transaction amount of GBP45,243.60 ($57,488.69). In other news, insider Simon Pryce purchased 6,114 shares of RS Group stock in a transaction that occurred on Wednesday, May 29th. The shares were purchased at an average price of GBX740 ($9.40) per share, for a total transaction amount of GBP45,243.60 ($57,488.69). Additionally, insider Kate Ringrose purchased 2,421 shares of RS Group stock in a transaction that occurred on Wednesday, May 22nd. The shares were purchased at an average price of GBX 822 ($10.44) per share, for a total value of GBP 19,900.62 ($25,286.68). Company insiders own 0.66% of the company’s shares.

About the RS Group

(Get the free report)

RS Group plc, together with its subsidiaries, distributes a variety of electronic and industrial products and solutions in the United Kingdom, United States, France, Germany, Italy, Mexico and internationally. The company provides industrial interconnection and testing, industrial automation and control, board-level electronics, and single-board computing products; and facility maintenance tools, supplies and products such as personal protective equipment, construction safety products and 3D printing products.

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