Renishaw plc (RSW) Receives GBX 3,497.17 Average PT from Analysts
Shares of Renishaw plc (LON:RSW) have been given a consensus rating of “Hold” by the seven analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 3,497.17 ($45.17).
A number of analysts have recently weighed in on RSW shares. Deutsche Bank AG reissued a “sell” rating and issued a GBX 3,180 ($41.07) price objective on shares of Renishaw plc in a research report on Monday, August 7th. Numis Securities Ltd cut Renishaw plc to a “hold” rating and set a GBX 3,700 ($47.79) price objective for the company. in a research report on Wednesday, May 10th. Investec reissued a “hold” rating on shares of Renishaw plc in a research report on Friday, August 25th. Barclays PLC raised their price objective on Renishaw plc from GBX 2,620 ($33.84) to GBX 3,880 ($50.11) and gave the stock an “underweight” rating in a research report on Thursday, August 17th. Finally, Peel Hunt raised their price objective on Renishaw plc from GBX 3,200 ($41.33) to GBX 4,200 ($54.24) and gave the stock a “hold” rating in a research report on Tuesday, August 8th.
Shares of Renishaw plc (RSW) traded down 0.30% on Friday, reaching GBX 4628.00. The company’s stock had a trading volume of 45,947 shares. The firm has a 50-day moving average price of GBX 4,310.56 and a 200 day moving average price of GBX 3,631.58. Renishaw plc has a one year low of GBX 2,355.00 and a one year high of GBX 4,681.00. The firm’s market capitalization is GBX 3.37 billion.
The business also recently disclosed a dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Thursday, September 21st will be paid a dividend of GBX 39.50 ($0.51) per share. The ex-dividend date of this dividend is Thursday, September 21st. This represents a dividend yield of 0.95%. This is a positive change from Renishaw plc’s previous dividend of $12.50.
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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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