RWS (LON:RWS) Price Target Increased to GBX 615 by Analysts at Barclays

RWS (LON:RWS) had its price objective lifted by Barclays from GBX 610 ($7.97) to GBX 615 ($8.04) in a research report sent to investors on Wednesday morning, ThisIsMoney.Co.Uk reports. Barclays currently has an overweight rating on the stock.

Separately, Berenberg Bank reiterated a buy rating on shares of RWS in a research report on Friday, October 4th.

Shares of LON RWS opened at GBX 575 ($7.51) on Wednesday. The company’s 50-day simple moving average is GBX 591.48 and its 200-day simple moving average is GBX 597.77. RWS has a 52-week low of GBX 425 ($5.55) and a 52-week high of GBX 659 ($8.61). The firm has a market cap of $1.57 billion and a price-to-earnings ratio of 42.91. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 25.43.

About RWS

RWS Holdings plc engages in the translation, intellectual property (IP) support, life sciences language, and localization businesses. The company operates through four segments: Patent Translation & Filing, Patent Information, Life Sciences, and Language Solutions. The Patent Translation & Filing segment undertakes patent translation and filing services of patent activities, as well as IP translations for litigation and information purposes, including prior-art documents, office actions, opposition proceedings and correspondence, and written opinions of international searching authorities.

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