RWS Holdings (RWS)

Sector:

Support

Index:

FTSE AIM 50

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635.00p
   
  • Change Today:
      7.00p
  • 52 Week High: 635.00p
  • 52 Week Low: 389.50p
  • Currency: UK Pounds
  • Shares Issued: 273.54m
  • Volume: 402,366
  • Market Cap: £1,737.00m
  • RiskGrade: 107

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 635.00p
Change Today 7.00p
% Change 1.11 %
52 Week High 635.00p
52 Week Low 389.50p
Volume 402,366
Shares Issued 273.54m
Market Cap £1,737.00m
RiskGrade 107

RWS Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.07% below the market average97.07% below the market average97.07% below the market average97.07% below the market average97.07% below the market average
95.16% below the sector average95.16% below the sector average95.16% below the sector average95.16% below the sector average95.16% below the sector average
Price Trend
92.79% above the market average92.79% above the market average92.79% above the market average92.79% above the market average92.79% above the market average
90.84% above the sector average90.84% above the sector average90.84% above the sector average90.84% above the sector average90.84% above the sector average
Income
95.49% below the market average95.49% below the market average95.49% below the market average95.49% below the market average95.49% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
86.51% above the market average86.51% above the market average86.51% above the market average86.51% above the market average86.51% above the market average
93.39% above the sector average93.39% above the sector average93.39% above the sector average93.39% above the sector average93.39% 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 18-Jun-2019

Time Volume / Share Price
16:38 355 @ 635.00p
16:38 536 @ 635.00p
16:38 819 @ 635.00p
16:38 930 @ 635.00p
16:38 1,575 @ 635.00p

RWS Holdings Key Personnel

CEO Richard Thompson
CFO Desmond Glass

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