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Renold plc (LON:RNO)‘s stock had its “buy” rating reaffirmed by investment analysts at Nplus1 Brewin in a note issued to investors on Tuesday. They currently have a GBX 72 ($1.21) price target on the stock. Nplus1 Brewin’s price objective indicates a potential upside of 30.32% from the company’s current price.

A number of other analysts have also recently weighed in on RNO. 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 ($1.21) price target on the stock. Separately, analysts at FinnCap reiterated a “buy” rating on shares of Renold plc in a research note on Tuesday. They now have a GBX 79 ($1.33) price target on the stock.

Renold plc (LON:RNO) traded up 6.33% on Tuesday, hitting GBX 58.75. The stock had a trading volume of 583,995 shares. Renold plc has a 1-year low of GBX 21.50 and a 1-year high of GBX 68.00. The stock has a 50-day moving average of GBX 55.34 and a 200-day moving average of GBX 55.04. The company’s market cap is £131.1 million.

Renold plc is a United Kingdom-based company engaged in engineering business delivering engineered chain and power transmission products internationally.

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