Renishaw (LON:RSW) Price Target Raised to GBX 5,600 at Deutsche Bank Aktiengesellschaft

Renishaw (LON:RSWGet Free Report) had its price target boosted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 4,960 to GBX 5,600 in a note issued to investors on Tuesday,Digital Look reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 12.27% from the stock’s current price.

A number of other research analysts also recently weighed in on RSW. Peel Hunt reissued a “buy” rating and set a GBX 6,300 target price on shares of Renishaw in a research report on Friday. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 3,450 price target on shares of Renishaw in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of GBX 4,812.50.

Check Out Our Latest Stock Analysis on RSW

Renishaw Stock Performance

LON RSW traded down GBX 177 during trading hours on Tuesday, reaching GBX 4,988. 49,351 shares of the company were exchanged, compared to its average volume of 294,500. The stock has a market capitalization of £3.63 billion, a P/E ratio of 48.95, a P/E/G ratio of 3.73 and a beta of 1.13. The company has a quick ratio of 3.10, a current ratio of 4.57 and a debt-to-equity ratio of 1.60. Renishaw has a 1 year low of GBX 2,860 and a 1 year high of GBX 5,490. The business’s 50 day simple moving average is GBX 5,065.44 and its 200-day simple moving average is GBX 4,428.96.

Renishaw Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Renishaw (LON:RSW)

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