Renishaw plc 18.5% potential upside indicated by Deutsche

Renishaw plc with ticker (LON:RSW) now has a potential upside of 18.5% according to Deutsche.

RSW.L

Deutsche set a target price of 4,000 GBX for the company, which when compared to the Renishaw plc share price of 3,375 GBX at opening today (21/10/2024) indicates a potential upside of 18.5%. Trading has ranged between 2,823 (52 week low) and 4,500 (52 week high) with an average of 52,622 shares exchanging hands daily. The market capitalisation at the time of writing is £2,398,382,063.

Renishaw plc is a United Kingdom-based supplier of measuring systems and production systems. The principal activities of the Company are the design, manufacture, sale, distribution and service of manufacturing technologies products and services, and analytical instruments and medical devices. The Company operates through two segments: manufacturing technologies, and analytical instruments and medical devices. The manufacturing technologies segment consists of four areas: industrial metrology, additive manufacturing, position measurement and the new industrial automation line. The analytical instruments and medical devices segment consist of spectroscopy and neurological, where it supplies its customers with technologies to improve materials analysis and neurological therapies. Its products include CMM probes, software, and retrofits; equator gauging system; interferometric laser encoders; probing and tool measurement systems for machine tools, and others.