Renishaw plc 5.2% Potential Decrease Indicated by Goldman Sachs

Broker Ratings

Renishaw plc using EPIC/TICKER code (LON:RSW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Renishaw plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set their target price at 4100 GBX on its stock. This would indicate that the analyst believes there is a downside of -5.2% from the opening price of 4326 GBX. Over the last 30 and 90 trading days the company share price has increased 156 points and increased 234 points respectively. The 1 year high share price is 5745 GBX while the year low stock price is currently 3558 GBX.

Renishaw plc has a 50 day moving average of 4,252.16 GBX and the 200 Day Moving Average price is recorded at 4,570.61. There are currently 72,788,543 shares in issue with the average daily volume traded being 123,744. Market capitalisation for LON:RSW is £3,159,022,766 GBP.

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    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.

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