RS Group (RS1)

Sector:

Support

Index:

FTSE 100

820.00p
   
  • Change Today:
      5.50p
  • 52 Week High: 862.40
  • 52 Week Low: 660.40
  • Currency: UK Pounds
  • Shares Issued: 474.02m
  • Volume: 1,345,027
  • Market Cap: £3,886.99m

RBC Capital Markets upgrades RS Group to 'outperform'

By Michele Maatouk

Date: Monday 17 Apr 2023

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded RS Group on Monday to 'outperform' from 'sector perform' as it said the risk/reward was now more favourable.
RBC noted that the stock has underperformed the FTSE 100 by around 30% since peaking on bid speculation last August.

"Growth expectations have reduced, the CEO and US management uncertainty has been removed, RS1 has done an excellent job on margins and valuation has come back to an attractive level," it said.

"We continue to see RS1 as a long-term winner with the potential for further share gains and the strong balance sheet provides options in the current environment."

The bank maintained its 1,000p price target on RS Group, which was formerly known as Electrocomponents.

At 1250 BST, the shares were up 2% at 866.00p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

RS Group Market Data

Currency UK Pounds
Share Price 820.00p
Change Today 5.50p
% Change 0.68 %
52 Week High 862.40
52 Week Low 660.40
Volume 1,345,027
Shares Issued 474.02m
Market Cap £3,886.99m

RS Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.4% below the market average60.4% below the market average60.4% below the market average60.4% below the market average60.4% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Price Trend
4.28% above the market average4.28% above the market average4.28% above the market average4.28% above the market average4.28% above the market average
10% below the sector average10% below the sector average10% below the sector average10% below the sector average10% below the sector average
Income
2.9% below the market average2.9% below the market average2.9% below the market average2.9% below the market average2.9% below the market average
4.76% below the sector average4.76% below the sector average4.76% below the sector average4.76% below the sector average4.76% below the sector average
Growth
64.62% above the market average64.62% above the market average64.62% above the market average64.62% above the market average64.62% above the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 6
Sell 1
Strong Sell 0
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RS Group Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 15-Jun-23
Paid 05-Jan-24 21-Jul-23
Amount 8.30p 13.70p

Trades for 14-May-2024

Time Volume / Share Price
16:35 392,458 @ 820.00p
16:35 246 @ 820.00p
16:35 989 @ 820.00p
16:35 3,345 @ 820.00p
16:35 3,247 @ 820.00p

RS Group Key Personnel

CEO Simon Pryce

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