RPS Group (LON:RPS) Given New GBX 170 Price Target at Liberum Capital

RPS Group (LON:RPS) had its price objective reduced by Liberum Capital from GBX 230 ($3.01) to GBX 170 ($2.22) in a report released on Wednesday, June 26th, Digital Look reports. They currently have a buy rating on the stock.

Several other analysts have also commented on RPS. Numis Securities raised shares of Royal Bank of Scotland Group from an add rating to a buy rating in a research report on Wednesday, May 1st. Peel Hunt reaffirmed a buy rating and issued a GBX 1,600 ($20.91) price objective (up previously from GBX 1,500 ($19.60)) on shares of Avon Rubber in a research report on Wednesday, May 1st.

RPS stock traded down GBX 3 ($0.04) during mid-day trading on Wednesday, hitting GBX 117 ($1.53). The company had a trading volume of 207,069 shares, compared to its average volume of 457,098. The stock has a market cap of $265.03 million and a price-to-earnings ratio of 8.86. The company has a debt-to-equity ratio of 24.33, a quick ratio of 1.38 and a current ratio of 1.46. RPS Group has a 12 month low of GBX 93 ($1.22) and a 12 month high of GBX 255 ($3.33). The firm’s fifty day moving average is GBX 149.

In other RPS Group news, insider Catherine Glickman purchased 21,500 shares of the stock in a transaction dated Friday, May 3rd. The shares were bought at an average price of GBX 185 ($2.42) per share, with a total value of £39,775 ($51,973.08). Also, insider John Douglas purchased 181,339 shares of the stock in a transaction dated Wednesday, June 26th. The stock was acquired at an average cost of GBX 109 ($1.42) per share, for a total transaction of £197,659.51 ($258,277.16). In the last three months, insiders bought 221,050 shares of company stock worth $25,728,450.

RPS Group Company Profile

RPS Group plc, a consultancy company, provides advice on the development and management of the built and natural environment; planning and development of strategic infrastructure; and evaluation and development of energy, water, and other resources. The company operates through Built and Natural Environment, Energy, and Australia Asia Pacific segments.

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