Renishaw plc 13.6% Potential Upside Indicated by Morgan Stanley

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

Renishaw plc with EPIC/TICKER (LON:RSW) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Morgan Stanley. Renishaw plc are listed in the Industrials sector within UK Main Market. Morgan Stanley have set a target price of 4300 GBX on its stock. This indicates the analyst now believes there is a potential upside of 13.6% from the opening price of 3784 GBX. Over the last 30 and 90 trading days the company share price has increased 600 points and decreased 444 points respectively. The 52 week high for the stock is 4348 GBX while the year low share price is currently 2234.51 GBX.

Renishaw plc has a 50 day moving average of 3,242.35 GBX and a 200 Day Moving Average share price is recorded at 3,681.47. There are currently 72,788,543 shares in issue with the average daily volume traded being 81,428. Market capitalisation for LON:RSW is £2,783,433,884 GBP.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
    Renishaw plc (LON:RSW) has released a trading update for the nine months ended 31 March 2024, showing solid performance and signs of semiconductor equipment recovery.
    Renishaw plc has released its interim report for the six months ended December 31, 2023. Revenue decreased by 5% to £330.5m, with various factors impacting the results.

      Search

      Search