Renishaw (LON:RSW) Earns “Sell” Rating from Deutsche Bank

Deutsche Bank restated their sell rating on shares of Renishaw (LON:RSW) in a research report released on Friday, ThisIsMoney.Co.Uk reports.

Several other research analysts have also recently weighed in on the company. Investec cut Renishaw to a sell rating and lowered their target price for the stock from GBX 3,810 ($49.78) to GBX 3,745 ($48.94) in a report on Tuesday, May 28th. Goldman Sachs Group cut EXPERIAN PLC/ADR from a buy rating to a neutral rating in a report on Wednesday, July 10th. UBS Group initiated coverage on Chewy in a report on Tuesday, July 9th. They set a buy rating and a $42.00 target price on the stock. Peel Hunt restated an add rating on shares of Amerisur Resources in a report on Tuesday, May 14th. Finally, Morgan Stanley boosted their target price on Visa from $175.00 to $191.00 and gave the stock an overweight rating in a report on Thursday, July 11th. Five investment analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock currently has a consensus rating of Sell and an average price target of GBX 3,693.57 ($48.26).

RSW stock opened at GBX 3,832 ($50.07) on Friday. Renishaw has a 12-month low of GBX 3,510 ($45.86) and a 12-month high of GBX 5,700 ($74.48). The firm has a market cap of $2.79 billion and a PE ratio of 21.77. The business has a 50-day moving average price of GBX 3,972.12.

About Renishaw

Renishaw plc, a metrology company, designs, manufactures, distributes, sells, and services metrology and healthcare products worldwide. The company offers metrology products, including additive manufacturing systems, co-ordinate measuring machine products, machine tool probe systems, styli for probe systems, performance testing products, gauging systems, fixtures, and position encoders.

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Analyst Recommendations for Renishaw (LON:RSW)

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