Are Analysts Bullish Renishaw plc (LON:RSW) After Last Week?

August 9, 2018 - By Megan Stone

Renishaw plc (LON:RSW) Logo

Renishaw plc (LON:RSW) Ratings Coverage

Among 5 analysts covering Renishaw PLC (LON:RSW), 1 have Buy rating, 3 Sell and 1 Hold. Therefore 20% are positive. Renishaw PLC has GBX 5900 highest and GBX 4255 lowest target. GBX 4918.33’s average target is -10.10% below currents GBX 5470.808 stock price. Renishaw PLC had 9 analyst reports since April 4, 2018 according to SRatingsIntel. Goldman Sachs upgraded the stock to “Buy” rating in Wednesday, April 4 report. Deutsche Bank maintained the stock with “Sell” rating in Tuesday, May 15 report. Deutsche Bank maintained it with “Sell” rating and GBX 4255 target in Wednesday, April 11 report. The stock of Renishaw plc (LON:RSW) has “Underweight” rating given on Wednesday, May 23 by Barclays Capital. Peel Hunt maintained the stock with “Hold” rating in Thursday, May 10 report. The company was upgraded on Wednesday, May 9 by Numis Securities. The stock has “Hold” rating by Numis Securities on Monday, July 30. The stock of Renishaw plc (LON:RSW) has “Reduce” rating given on Thursday, July 26 by Peel Hunt. Peel Hunt maintained the stock with “Hold” rating in Monday, April 9 report. Below is a list of Renishaw plc (LON:RSW) latest ratings and price target changes.

30/07/2018 Broker: Numis Securities Rating: Hold Old Target: GBX 5200.00 New Target: GBX 5900.00 Maintain
26/07/2018 Broker: Peel Hunt Rating: Reduce Old Target: GBX 4600.00 Maintain
23/05/2018 Broker: Barclays Capital Rating: Underweight Maintain
15/05/2018 Broker: Deutsche Bank Rating: Sell Old Target: GBX 4255.00 Maintain
10/05/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 4600.00 Maintain
09/05/2018 Broker: Numis Securities Rating: Add Old Target: GBX 5400.00 New Target: GBX 5400.00 Upgrade
11/04/2018 Broker: Deutsche Bank Rating: Sell Old Target: GBX 4255.00 New Target: GBX 4255.00 Maintain
09/04/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 4600.00 Maintain
04/04/2018 Broker: Goldman Sachs Rating: Buy Upgrade

The stock increased 1.31% or GBX 70.808 during the last trading session, reaching GBX 5470.808. About 9,273 shares traded. Renishaw plc (LON:RSW) has 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

Renishaw plc, a metrology company, designs, makes, sells, distributes, and services metrology and healthcare products worldwide. The company has market cap of 3.98 billion GBP. The firm offers metrology products, including co-ordinate measuring machine products, machine tool probe systems, styli for probe systems, performance testing products, gauging systems, fixtures, position encoders, additive manufacturing systems, and vacuum casting machines. It has a 31.05 P/E ratio. It also provides healthcare products, such as craniomaxillofacial custom-made implants, neurosurgical robots, dental scanners, neurosurgical implants and accessories, Raman microscopes, and hybrid Raman systems; and dental computer-aided design and neurosurgical planning software, as well as dental structures manufacturing services.

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