Renishaw plc (LON:RSW) has earned an average rating of “Hold” from the four research firms that are covering the company. One equities research analyst has rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 2,685 ($33.23).
A number of equities research analysts recently issued reports on the company. Barclays PLC cut Renishaw plc to an “underweight” rating in a research note on Thursday, August 18th. Numis Securities Ltd lowered Renishaw plc to an “add” rating and set a GBX 3,000 ($37.13) target price for the company. in a report on Thursday, July 28th.
Renishaw plc (LON:RSW) opened at 2879.00 on Tuesday. The company’s market cap is GBX 2.10 billion. The company has a 50-day moving average of GBX 2,712.03 and a 200-day moving average of GBX 2,284.97. Renishaw plc has a one year low of GBX 1,577.00 and a one year high of GBX 2,995.00.
The business also recently announced a dividend, which will be paid on Monday, October 17th. Shareholders of record on Thursday, September 15th will be issued a dividend of GBX 35.50 ($0.44) per share. This represents a yield of 1.37%. The ex-dividend date of this dividend is Thursday, September 15th. This is a positive change from Renishaw plc’s previous dividend of $12.50.
Renishaw plc Company Profile
Renishaw plc is a metrology company. The Company operates through two segments: metrology and healthcare. The Company’s metrology products are used in the fields of industrial automation and motion systems. The healthcare products include engineering solutions for stereotactic neurosurgery, diagnosis of infectious diseases, analytical tools that identify and characterize the chemistry and structure of materials, supply of implants to hospitals and specialist design centers for craniomaxillofacial surgery, and products and services that allow dental laboratories to manufacture dental restorations.
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