RS Group plc (LON:RS1 – Get Rating) announced a dividend on Thursday, November 3rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 24th will be given a dividend of GBX 7.20 ($0.09) per share on Friday, January 6th. This represents a yield of 0.84%. The ex-dividend date of this dividend is Thursday, November 24th. The official announcement can be accessed at this link.
RS Group Price Performance
Shares of RS1 opened at GBX 971 ($11.48) on Wednesday. The business’s fifty day simple moving average is GBX 971.50. RS Group has a 12 month low of GBX 790 ($9.34) and a 12 month high of GBX 1,169 ($13.82). The firm has a market cap of £4.58 billion and a price-to-earnings ratio of 1,694.74. The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 29.28.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the stock. Barclays restated an “equal weight” rating and set a GBX 1,060 ($12.53) price target on shares of RS Group in a research note on Friday, November 4th. Royal Bank of Canada dropped their price target on shares of RS Group from GBX 1,300 ($15.37) to GBX 1,250 ($14.78) and set an “outperform” rating on the stock in a research note on Friday, November 4th. Shore Capital restated an “under review” rating on shares of RS Group in a research note on Thursday, November 3rd. Finally, JPMorgan Chase & Co. dropped their price target on shares of RS Group from GBX 1,050 ($12.42) to GBX 820 ($9.70) and set an “underweight” rating on the stock in a research note on Monday, November 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of GBX 1,150 ($13.60).
RS Group Company Profile
RS Group plc, together with its subsidiaries, distributes various electronics and industrial products in the United Kingdom, the United States, France, Germany, Italy, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.
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