RWS Holdings (RWS)

Sector:

Support

Index:

FTSE AIM 50

649.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 670.00
  • 52 Week Low: 413.00
  • Currency: UK Pounds
  • Shares Issued: 273.92m
  • Volume: 396,816
  • Market Cap: £1,777.73m
  • RiskGrade: 226

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 649.00p
Change Today 3.00p
% Change 0.46 %
52 Week High 670.00
52 Week Low 413.00
Volume 396,816
Shares Issued 273.92m
Market Cap £1,777.73m
RiskGrade 226

RWS Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.04% below the market average94.04% below the market average94.04% below the market average94.04% below the market average94.04% below the market average
85.32% below the sector average85.32% below the sector average85.32% below the sector average85.32% below the sector average85.32% below the sector average
Price Trend
73.99% above the market average73.99% above the market average73.99% above the market average73.99% above the market average73.99% above the market average
64.60% above the sector average64.60% above the sector average64.60% above the sector average64.60% above the sector average64.60% above the sector average
Income
89.46% below the market average89.46% below the market average89.46% below the market average89.46% below the market average89.46% below the market average
95% below the sector average95% below the sector average95% below the sector average95% below the sector average95% below the sector average
Growth
90.11% above the market average90.11% above the market average90.11% above the market average90.11% above the market average90.11% above the market average
96.30% above the sector average96.30% above the sector average96.30% above the sector average96.30% above the sector average96.30% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
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
  Final Interim
Ex-Div 23-Jan-20 27-Jun-19
Paid 21-Feb-20 19-Jul-19
Amount 7.00p 1.75p

Trades for 29-May-2020

Time Volume / Share Price
17:00 5,016 @ 649.00p
16:36 62,414 @ 649.00p
16:35 1,409 @ 649.00p
16:35 167,192 @ 649.00p
16:29 14 @ 648.00p

RWS Holdings Key Personnel

CEO Richard Thompson
CFO Desmond Glass

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