Renishaw plc Receives “Hold” Rating from Investec (RSW)
Renishaw plc (LON:RSW)‘s stock had its “hold” rating reiterated by investment analysts at Investec in a note issued to investors on Thursday. They currently have a GBX 1,780 ($29.96) price target on the stock. Investec’s target price suggests a potential upside of 5.95% from the company’s current price.
A number of other firms have also recently commented on RSW. Analysts at N+1 Singer reiterated a “hold” rating on shares of Renishaw plc in a research note on Wednesday, May 14th. They now have a GBX 1,675 ($28.19) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Renishaw plc in a research note on Tuesday, May 13th. They now have a GBX 1,700 ($28.61) price target on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,766 ($29.73).
Shares of Renishaw plc (LON:RSW) opened at 1679.0001 on Thursday. Renishaw plc has a 52-week low of GBX 1444.00 and a 52-week high of GBX 2240.00. The stock’s 50-day moving average is GBX 1818.18 and its 200-day moving average is GBX 1894.. The company’s market cap is £1.222 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.
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.