5.8% Above Target

Wall Street's consensus price target for RS is $373.5, -5.8% from its current price of $396.34. The below-market target from 27 analysts suggests limited near-term appreciation.

RS has a consensus rating of "Hold" based on 27 Wall Street analysts. The rating breakdown is mixed, with 16 Hold ratings making up the largest segment. The consensus 12-month price target of $373.5 implies -5.8% downside from current levels.

RS trades at a forward P/E of 20.0044x, representing a moderate valuation. With analysts targeting $373.5 (-5.8% implied move), the stock appears close to fair value.

The most bullish Wall Street analyst has a price target of $390 for RS, while the most conservative target is $350. The consensus of $373.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $563 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

RS is heavily covered by Wall Street, with 27 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 16 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month RS stock forecast based on 27 Wall Street analysts shows a consensus price target of $373.5, with estimates ranging from $350 (bear case) to $390 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $427, with bear/bull scenarios of $269/$563.

Our quantitative valuation model calculates RS's fair value at $427 (base case), with a bear case of $269 and bull case of $563. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.

RS trades at a forward P/E ratio of 20.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 28.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on RS, with 2 Sell ratings and a price target of $373.5 (-5.8% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

RS analyst price targets range from $350 to $390, a 11% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $373.5 consensus represents the middle ground. Our model's $269-$563 range provides an independent fundamental perspective.