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

RS Group plc (LON:RS1) insider Miles Roberts acquired 7,860 shares of the business’s stock in a transaction dated Friday, March 28th. The shares were bought at an average cost of GBX 578 ($7.47) per share, for a total transaction of £45,430.80 ($58,741.66).

RS Group Price Performance

Shares of LON:RS1 opened at GBX 575 ($7.43) on Monday. RS Group plc has a one year low of GBX 572 ($7.40) and a one year high of GBX 850 ($10.99). The stock has a market capitalization of £2.71 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 1.85 and a beta of 0.86. The company has a 50-day simple moving average of GBX 629.70 and a 200-day simple moving average of GBX 691.89. 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

Several equities analysts recently commented on the company. JPMorgan Chase & Co. increased their target price on RS Group from GBX 770 ($9.96) to GBX 780 ($10.09) and gave the company a “neutral” rating in a report on Thursday, December 5th. Shore Capital raised RS Group to a “buy” rating in a research report on Tuesday, January 28th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 840 ($10.86).

About RS Group

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.