Nplus1 Brewin Reiterates “Buy” Rating for Renold plc (RNO)
Renold plc (LON:RNO)‘s stock had its “buy” rating reaffirmed by Nplus1 Brewin in a research note issued on Tuesday, Stock Ratings News reports. They currently have a GBX 72 ($1.19) target price on the stock. Nplus1 Brewin’s target price indicates a potential upside of 27.04% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at N+1 Singer reiterated a “buy” rating on shares of Renold plc in a research note on Tuesday. They now have a GBX 72 ($1.19) price target on the stock. Separately, analysts at FinnCap reiterated a “buy” rating on shares of Renold plc in a research note on Tuesday.
Shares of Renold plc (LON:RNO) opened at 57.50 on Tuesday. Renold plc has a 52 week low of GBX 18.57 and a 52 week high of GBX 68.00. The stock has a 50-day moving average of GBX 61.19 and a 200-day moving average of GBX 51.09. The company’s market cap is £128.3 million.
Renold plc is a United Kingdom-based company engaged in engineering business delivering engineered chain and power transmission products internationally.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.