Renishaw plc Receives “Overweight” Rating from Barclays (RSW)
Renishaw plc (LON:RSW)‘s stock had its “overweight” rating restated by Barclays in a research note issued on Monday, Analyst Ratings Network reports. They currently have a GBX 2,100 ($35.37) target price on the stock. Barclays’ target price would suggest a potential upside of 25.75% from the company’s current price.
Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Renishaw plc in a research note on Thursday, March 20th. They now have a GBX 1,700 ($28.63) price target on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,773.67 ($29.87).
Shares of Renishaw plc (LON:RSW) opened at 1670.0001 on Monday. Renishaw plc has a 52 week low of GBX 1444.00 and a 52 week high of GBX 2240.00. The stock has a 50-day moving average of GBX 1880. and a 200-day moving average of GBX 1892.06. The company’s market cap is £1.216 billion.
Renishaw plc is a metrology company. The Company is engaged in the design, manufacture and sale of advanced precision metrology and inspection equipment together with products for the healthcare sector, including Raman spectroscopy systems, dental systems, molecular diagnostic equipment and neurosurgical products.
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