RWS Holdings plc -5.5% potential downside indicated by Canaccord Genuity

RWS Holdings plc with ticker (LON:RWS) now has a potential downside of -5.5% according to Canaccord Genuity.



Canaccord Genuity set a target price of 260 GBX for the company, which when compared to the RWS Holdings plc share price of 275 GBX at opening today (14/06/2023) indicates a potential downside of -5.5%. Trading has ranged between 225 (52 week low) and 417 (52 week high) with an average of 1,110,104 shares exchanging hands daily. The market capitalisation at the time of writing is £1,003,612,182.

RWS Holdings plc is a United Kingdom-based provider of technology-enabled language, content, and intellectual property (IP) services. The Company’s segments include Language Services, Regulated Industries, IP Services, and Language and Content Technology (L&CT). The Language Services segment is engaged in providing localization services, which include translation and adaptation of content across a variety of media and materials to ensure brand consistency. The Regulated Industries segment includes translation and linguistic validation for customers who operate in regulated industries, such as life sciences, financial services, and legal. The IP Services segment provides patent translations, filing services and a range of IP search services. This segment delivers specialized technical translations to patent applicants and their representatives. The L&CT segment is engaged in the provision of a range of translation technologies and content platforms to clients.