RWS Holdings plc (RWS) Stock Rating Reaffirmed by Numis Securities Ltd

RWS Holdings plc (LON:RWS)‘s stock had its “add” rating reissued by investment analysts at Numis Securities Ltd in a report released on Tuesday. They currently have a GBX 375 ($4.69) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 10.86% from the company’s current price.

Separately, Shore Capital restated a “buy” rating on shares of RWS Holdings plc in a report on Tuesday.

Shares of RWS Holdings plc (LON:RWS) traded up 4.49% on Tuesday, reaching GBX 353.44. The company had a trading volume of 231,893 shares. RWS Holdings plc has a one year low of GBX 190.00 and a one year high of GBX 370.00. The company’s market capitalization is GBX 762.60 million. The company’s 50-day moving average is GBX 345.40 and its 200-day moving average is GBX 288.15.

The firm also recently declared a dividend, which will be paid on Friday, February 24th. Stockholders of record on Thursday, January 26th will be issued a GBX 4.45 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, January 26th. This represents a dividend yield of 1.48%. This is a positive change from RWS Holdings plc’s previous dividend of $1.15.

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RWS Holdings plc Company Profile

RWS Holdings plc provides patent translations and is engaged in the provision of intellectual property support services, and technical and commercial translation services. The Company’s principal business activities are patent translations; information, which includes a range of patent search, retrieval and monitoring services, as well as PatBase, a searchable commercial patent databases; international Web-based patent filing solutions through the inovia platform, and commercial translations, with a focus on technical translations.

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