Renishaw plc (RSW) Receives Consensus Rating of “Hold” from Brokerages
Renishaw plc (LON:RSW) has been given a consensus recommendation of “Hold” by the five analysts that are presently covering the company. Two analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 2,425 ($30.01).
RSW has been the subject of a number of research analyst reports. Barclays PLC lowered shares of Renishaw plc to an “underweight” rating in a research note on Thursday, August 18th. Numis Securities Ltd lowered shares of Renishaw plc to an “add” rating and set a GBX 3,000 ($37.13) price target for the company. in a research note on Thursday, July 28th.
Renishaw plc (LON:RSW) traded up 0.28% during mid-day trading on Tuesday, hitting GBX 2913.00. 122,902 shares of the stock traded hands. The stock has a 50-day moving average of GBX 2,688.78 and a 200 day moving average of GBX 2,264.99. Renishaw plc has a 1-year low of GBX 1,577.00 and a 1-year high of GBX 2,981.06. The firm’s market cap is GBX 2.12 billion.
The firm also recently announced a dividend, which will be paid on Monday, October 17th. Shareholders of record on Thursday, September 15th will be paid a dividend of GBX 35.50 ($0.44) per share. This is a positive change from Renishaw plc’s previous dividend of $12.50. The ex-dividend date is Thursday, September 15th. This represents a yield of 1.37%.
About Renishaw plc
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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