RS Group PLC Announces Director Share Acquisition

RS Group PLC ( (GB:RS1) ) has provided an update.

RS Group PLC has announced a transaction involving David Sleath, a Non-Executive Director of the company. The transaction involves the acquisition of 4,883 ordinary shares at a price of GBP 5.70499 per share, totaling GBP 27,857.47, conducted on the London Stock Exchange. This notification is made in compliance with the UK Market Abuse Regulation, reflecting the company’s commitment to transparency in its managerial dealings.

The most recent analyst rating on (GB:RS1) stock is a Buy with a £900.00 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

Average Trading Volume: 1,152,197

Technical Sentiment Signal: Sell

Current Market Cap: £2.69B

For a thorough assessment of RS1 stock, go to TipRanks’ Stock Analysis page.