Berenberg Bank Reaffirms Buy Rating for RWS (LON:RWS)

RWS (LON:RWS)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a note issued to investors on Thursday, Marketbeat Ratings reports. They presently have a GBX 330 ($4.17) price objective on the stock. Berenberg Bank’s price objective suggests a potential upside of 82.12% from the stock’s previous close.

Separately, Shore Capital reissued a “buy” rating on shares of RWS in a research note on Tuesday, November 5th.

RWS Price Performance

RWS opened at GBX 181.20 ($2.29) on Thursday. RWS has a 1 year low of GBX 129.80 ($1.64) and a 1 year high of GBX 261 ($3.29). The company has a debt-to-equity ratio of 14.66, a quick ratio of 1.43 and a current ratio of 1.54. The company’s 50 day simple moving average is GBX 150.97 and its 200 day simple moving average is GBX 168.95. The stock has a market capitalization of £668.07 million, a PE ratio of -2,063.57, a P/E/G ratio of 1.43 and a beta of 0.76.

Insider Buying and Selling

In other RWS news, insider Ian El Mokadem bought 5,000 shares of RWS stock in a transaction that occurred on Thursday, October 31st. The shares were acquired at an average price of GBX 149 ($1.88) per share, for a total transaction of £7,450 ($9,403.00). Corporate insiders own 46.21% of the company’s stock.

About RWS

RWS Holdings plc provides technology-enabled language, content, and intellectual property (IP) services. It operates through four segments: Language Services, Regulated Industries, IP Services, and Language and Content Technology. The Language Services segment provides localization services, which includes translation and adaptation of content across a variety of media and materials.