BULL POINTS:
â– Signs of recovery in energy business
â– Strong balance sheet supports acquisitions
â– Opportunities in Australia
â– UK planning market improving
BEAR POINTS:
â– Irish business still deteriorating
â– Rated at premium to peers
IC TIP:
Buy
at
198p
Multi-disciplinary consultancy RPS has benefited from its diversity during the downturn. Although the group continues to face deteriorating conditions in some places, like Ireland, other key markets offer grounds for optimism.