Goldman Sachs Group Reiterates “Neutral” Rating for Renishaw (LON:RSW)

Goldman Sachs Group restated their neutral rating on shares of Renishaw (LON:RSW) in a research report report published on Wednesday morning, ThisIsMoney.Co.Uk reports.

RSW has been the topic of several other reports. Deutsche Bank dropped their target price on shares of Broadcom from $330.00 to $315.00 and set a buy rating on the stock in a report on Friday, June 14th. Investec cut shares of Renishaw to a sell rating and decreased their price target for the stock from GBX 3,810 ($49.78) to GBX 3,745 ($48.94) in a research note on Tuesday, May 28th. UBS Group began coverage on shares of Chewy in a research note on Tuesday. They set a buy rating and a $42.00 price target for the company. Peel Hunt reaffirmed an add rating on shares of Amerisur Resources in a research note on Tuesday, May 14th. Finally, Numis Securities reaffirmed a buy rating and set a GBX 340 ($4.44) price target on shares of BT Group in a research note on Monday, May 20th. Five investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock currently has an average rating of Sell and a consensus price target of GBX 3,693.57 ($48.26).

RSW stock traded up GBX 68 ($0.89) during mid-day trading on Wednesday, hitting GBX 3,782 ($49.42). 114,175 shares of the company were exchanged, compared to its average volume of 89,834. The company has a market cap of $2.75 billion and a price-to-earnings ratio of 21.49. The business has a 50 day simple moving average of GBX 3,978.36. Renishaw has a 1-year low of GBX 3,510 ($45.86) and a 1-year high of GBX 5,700 ($74.48).

Renishaw Company Profile

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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