Renishaw plc (RSW) Receives Consensus Rating of “Hold” from Brokerages
Shares of Renishaw plc (LON:RSW) have been assigned a consensus rating of “Hold” from the five research firms that are currently covering the company. Two analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 2,425 ($30.01).
Several equities research analysts have recently weighed in on the company. Barclays PLC reissued an “equal weight” rating and issued a GBX 1,960 ($24.26) price objective on shares of Renishaw plc in a research report on Monday, July 18th. Numis Securities Ltd cut Renishaw plc to an “add” rating and set a GBX 3,000 ($37.13) price objective for the company. in a research report on Thursday, July 28th.
Renishaw plc (LON:RSW) traded up 0.28% during trading on Tuesday, hitting GBX 2913.00. 122,902 shares of the stock traded hands. The stock’s market cap is GBX 2.12 billion. Renishaw plc has a one year low of GBX 1,577.00 and a one year high of GBX 2,981.06. The company has a 50-day moving average price of GBX 2,688.78 and a 200 day moving average price of GBX 2,264.99.
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The company also recently announced a dividend, which will be paid on Monday, October 17th. Investors of record on Thursday, September 15th will be given a GBX 35.50 ($0.44) dividend. This is a boost from Renishaw plc’s previous dividend of $12.50. This represents a yield of 1.37%. The ex-dividend date of this dividend is Thursday, September 15th.
Renishaw plc Company Profile
Renishaw plc is a metrology company. The Company operates through two segments: metrology and healthcare. The Company’s metrology products are used in the fields of industrial automation and motion systems. The healthcare products include engineering solutions for stereotactic neurosurgery, diagnosis of infectious diseases, analytical tools that identify and characterize the chemistry and structure of materials, supply of implants to hospitals and specialist design centers for craniomaxillofacial surgery, and products and services that allow dental laboratories to manufacture dental restorations.
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