RS Group plc

All the components, bar value

  • Sectors : Business Support Services
  • Companies : RS Group plc

Ratings and price correct at time of issue.

  • RS Group plc

    Closing Price: 997p

  • RATING 01/04/21



Electrocomponents (ECM) has demonstrated significant operational improvements over recent years and proved resilient through the most severe parts of lockdown. That said, the stock now trades at an all-time high, finally breaching its September 2000 ‘Tech-boom’ high in November 2020. Economic recovery, two new distribution centres (DCs) and a potential boom in the ‘smart’ sectors will drive strong growth, but the shares may be due a breather following their explosion over recent months. We initiate coverage with an ‘Underperform’ rating.

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Apr 1 2021, 06:40 IST/BST