Renishaw plc (LON:RSW – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,907.49 and traded as high as GBX 5,280. Renishaw shares last traded at GBX 5,235, with a volume of 58,794 shares trading hands.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reissued a “hold” rating and set a GBX 3,450 price objective on shares of Renishaw in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 3,763.33.
Check Out Our Latest Analysis on RSW
Renishaw Stock Up 3.5%
About Renishaw
We are a world leader in measuring and manufacturing systems.
Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they’re making. This technology also helps our customers to innovate their products and processes.
We are guided by our purpose: Transforming Tomorrow Together. This means working with our customers to make the products and the materials that are going to be needed for the future.
We believe that our purpose is incredibly relevant in today’s environment where the pace of change in technology is faster than ever.
Recommended Stories
- Five stocks we like better than Renishaw
- 3 Rare Earth Stocks That Win No Matter What China Does Next
- Amylyx Stock: Why the Full Pipeline Story Matters
- Palantir and Dell Build an AI OS for the Paranoid
- Workday Validates AI Flywheel: Stock Price Recovery Begins
Receive News & Ratings for Renishaw Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renishaw and related companies with MarketBeat.com's FREE daily email newsletter.
