RPS Group’s (RPS) Hold Rating Reaffirmed at Peel Hunt

RPS Group (LON:RPS)‘s stock had its “hold” rating restated by equities researchers at Peel Hunt in a research note issued to investors on Wednesday, LSE.Co.UK reports. They presently have a GBX 131 ($1.71) price target on the stock. Peel Hunt’s target price points to a potential downside of 6.29% from the stock’s current price.

Several other analysts have also recently issued reports on the stock. Liberum Capital reaffirmed a “buy” rating on shares of RPS Group in a research note on Friday, September 6th. Peel Hunt reaffirmed a “hold” rating and set a GBX 131 ($1.71) price objective on shares of RPS Group in a research note on Wednesday. Finally, Royal Bank of Canada dropped their price objective on shares of RPS Group from GBX 210 ($2.74) to GBX 150 ($1.96) and set an “outperform” rating for the company in a research note on Thursday, July 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 162.40 ($2.12).

Shares of RPS traded down GBX 5.20 ($0.07) during mid-day trading on Wednesday, hitting GBX 139.80 ($1.83). 84,516 shares of the company were exchanged, compared to its average volume of 457,098. RPS Group has a 1-year low of GBX 93 ($1.22) and a 1-year high of GBX 227 ($2.97). The company has a debt-to-equity ratio of 44.64, a quick ratio of 1.46 and a current ratio of 1.54. The company has a 50 day moving average of GBX 137.72 and a 200-day moving average of GBX 158.65. The stock has a market cap of $323.92 million and a price-to-earnings ratio of 13.57.

In other RPS Group news, insider John Douglas acquired 17,767 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was bought at an average price of GBX 140 ($1.83) per share, with a total value of £24,873.80 ($32,502.03).

About RPS Group

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.

Featured Story: What does a hold rating mean?

Receive News & Ratings for RPS Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RPS Group and related companies with MarketBeat.com's FREE daily email newsletter.