Deutsche Bank downgraded RS Group (EENEF) to Hold from Buy with a price target of 700 GBp, down from 800 GBp. The firm says the company’s regional weakness in Mexico creates a slower run-rate for fiscal 2027.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EENEF:
- RS Group: Undervalued Profitability and Balance Sheet Strength Support Buy Rating and 675p Target
- RS Group price target lowered to 770 GBp from 810 GBp at RBC Capital
- RS Group price target lowered to 650 GBp from 700 GBp at Citi
- RS Group price target lowered to 600 GBp from 670 GBp at Berenberg
- RS Group price target lowered to 635 GBp from 747 GBp at JPMorgan
