Peel Hunt restated their buy rating on shares of Renold (LON:RNO) in a research note released on Wednesday morning.
LON:RNO opened at GBX 28.95 ($0.38) on Wednesday. Renold has a 12-month low of GBX 32.12 ($0.42) and a 12-month high of GBX 65 ($0.85).
Renold plc manufactures and sells high precision engineered and power transmission products in the United Kingdom, rest of Europe, North America, and internationally. The company operates in two segments, Chain and Torque Transmission. It offers standard, welded steel, trident, and draw bench conveyor chains, as well as conveyor chains for theme parks; and bucket elevator, escalator, heavy duty drag, and waste water treatment chains, as well as standard attachments.
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