Renishaw (LON:RSW) had its price objective upped by Barclays from GBX 3,880 ($52.62) to GBX 4,100 ($55.60) in a report published on Monday, December 18th. The brokerage currently has an underweight rating on the stock.
Other equities research analysts have also issued research reports about the company. Numis Securities reaffirmed an add rating and set a GBX 5,200 ($70.52) price target on shares of Renishaw in a research report on Monday, October 23rd. Investec reaffirmed a hold rating on shares of Renishaw in a research report on Friday, August 25th. Citigroup reaffirmed a neutral rating and set a GBX 470 ($6.37) price target on shares of Renishaw in a research report on Monday, October 30th. Peel Hunt lowered Renishaw to a reduce rating and set a GBX 4,200 ($56.96) target price on the stock. in a research report on Tuesday, October 31st. Finally, Deutsche Bank lifted their target price on Renishaw from GBX 3,630 ($49.23) to GBX 4,255 ($57.70) and gave the company a sell rating in a research report on Monday, December 4th. Three research analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. Renishaw presently has a consensus rating of Hold and a consensus target price of GBX 3,464 ($46.98).
Shares of Renishaw (RSW) traded up GBX 40 ($0.54) during trading on Monday, hitting GBX 5,405 ($73.30). The stock had a trading volume of 73,687 shares, compared to its average volume of 78,647. The stock has a market capitalization of $3,910.00 and a P/E ratio of 3,833.33. Renishaw has a 12-month low of GBX 2,671 ($36.22) and a 12-month high of GBX 5,635 ($76.42).
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Renishaw 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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