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RS Group PLC ( (GB:RS1) ) has shared an update.
RS Group PLC has announced a transaction involving the acquisition of 10 pence ordinary shares by Evelyn Ringrose, a person closely associated with the company’s Chief Financial Officer, Kate Ringrose. The transaction, conducted on the London Stock Exchange, involved 1,606 shares at a price of GBP 5.5666 each, totaling GBP 8,939.96. This notification is made in compliance with the UK Market Abuse Regulation, highlighting transparency in managerial transactions.
The most recent analyst rating on (GB:RS1) stock is a Buy with a £7.00 price target. To see the full list of analyst forecasts on RS Group PLC stock, see the GB:RS1 Stock Forecast page.
Spark’s Take on GB:RS1 Stock
According to Spark, TipRanks’ AI Analyst, GB:RS1 is a Neutral.
RS Group PLC’s stock shows moderate investment potential. While the company faces profitability challenges and bearish technical indicators, its valuation is attractive, and management’s confidence is positive. Continued focus on operational efficiency and market adaptation will be crucial.
To see Spark’s full report on GB:RS1 stock, click here.
More about RS Group PLC
RS Group PLC operates in the industrial and electronics sectors, providing a wide range of products and services including electronic components, automation and control systems, and engineering solutions. The company is focused on serving a global market with a strong emphasis on innovation and customer service.
Average Trading Volume: 1,104,297
Technical Sentiment Signal: Sell
Current Market Cap: £2.64B
Find detailed analytics on RS1 stock on TipRanks’ Stock Analysis page.