RWS (LON:RWS) PT Raised to GBX 610

RWS (LON:RWS) had its price target increased by Barclays from GBX 560 ($7.32) to GBX 610 ($7.97) in a research note published on Wednesday, ThisIsMoney.Co.Uk reports. The brokerage currently has an overweight rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Numis Securities cut shares of RWS to an add rating and increased their price target for the company from GBX 450 ($5.88) to GBX 600 ($7.84) in a research report on Thursday, June 6th. Berenberg Bank increased their price target on shares of RWS from GBX 615 ($8.04) to GBX 670 ($8.75) and gave the company a buy rating in a research report on Tuesday.

Shares of RWS opened at GBX 611 ($7.98) on Wednesday. The firm has a market cap of $1.69 billion and a price-to-earnings ratio of 58.75. The company has a debt-to-equity ratio of 29.07, a current ratio of 1.46 and a quick ratio of 1.32. RWS has a twelve month low of GBX 379 ($4.95) and a twelve month high of GBX 632 ($8.26).

The company also recently declared a dividend, which will be paid on Friday, July 19th. Shareholders of record on Thursday, June 27th will be given a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date is Thursday, June 27th. This represents a yield of 0.29%. RWS’s payout ratio is currently 0.67%.

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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