RWS Holdings (RWS)

Sector:

Support

Index:

FTSE AIM 50

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610.00p
   
  • Change Today:
      15.00p
  • 52 Week High: 652.00p
  • 52 Week Low: 415.50p
  • Currency: UK Pounds
  • Shares Issued: 273.54m
  • Volume: 265,250
  • Market Cap: £1,668.61m
  • RiskGrade: 114

Barclays starts Coats at 'equalweight', RWS at 'overweight'

By Michele Maatouk

Date: Friday 18 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Barclays initiated coverage of Coats Group and RWS Holdings on Friday.
It started thread manufacturer Coats at 'equalweight' with a 75p price target, saying the company has a strong position in the thread market and has the potential to drive earnings from cost-cutting a large opex budget and providing global scale to bolt-on acquisitions.

"We initiate at EW as we are cautious on 1) the outlook for top-line growth which limits long-term earnings growth and 2) exceptionals which are still around 10% of EBIT."

The bank also initiated coverage of intellectual property support services provider RWS Holdings at 'overweight' with a 560p price target.

"We think the combination of capital-light businesses (10x capital turnover) with high and defensible margins (circa 2%) in end-markets offering long-term mid-single-digit topline growth makes RWS an attractive investment and justifies its premium valuation," it said.

At 1335 GMT, Coats shares were down 1.4% to 83p and RWS was up 3.3% at 465p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RWS Holdings Market Data

Currency UK Pounds
Share Price 610.00p
Change Today 15.00p
% Change 2.52 %
52 Week High 652.00p
52 Week Low 415.50p
Volume 265,250
Shares Issued 273.54m
Market Cap £1,668.61m
RiskGrade 114

RWS Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.94% below the market average94.94% below the market average94.94% below the market average94.94% below the market average94.94% below the market average
91.94% below the sector average91.94% below the sector average91.94% below the sector average91.94% below the sector average91.94% below the sector average
Price Trend
92.53% above the market average92.53% above the market average92.53% above the market average92.53% above the market average92.53% above the market average
92.25% above the sector average92.25% above the sector average92.25% above the sector average92.25% above the sector average92.25% above the sector average
Income
91.43% below the market average91.43% below the market average91.43% below the market average91.43% below the market average91.43% below the market average
97.75% below the sector average97.75% below the sector average97.75% below the sector average97.75% below the sector average97.75% below the sector average
Growth
86.50% above the market average86.50% above the market average86.50% above the market average86.50% above the market average86.50% above the market average
94.96% above the sector average94.96% above the sector average94.96% above the sector average94.96% above the sector average94.96% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RWS Holdings Dividends

  Latest Previous
  Interim Final
Ex-Div 27-Jun-19 24-Jan-19
Paid 19-Jul-19 22-Feb-19
Amount 1.75p 6.00p

Trades for 21-Aug-2019

Time Volume / Share Price
10:36 522 @ 610.00p
10:36 104 @ 610.00p
10:35 1,000 @ 610.67p
10:33 218 @ 610.00p
10:33 600 @ 610.00p

RWS Holdings Key Personnel

CEO Richard Thompson
CFO Desmond Glass

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