Renold plc (RNO) Earns Hold Rating from FinnCap

FinnCap reissued their hold rating on shares of Renold plc (LON:RNO) in a research note issued to investors on Thursday. They currently have a GBX 42 ($0.51) price objective on the stock.

Shares of Renold plc (LON:RNO) opened at 41.50 on Thursday. Renold plc has a 52-week low of GBX 28.20 and a 52-week high of GBX 73.40. The company has a 50 day moving average price of GBX 39.97 and a 200-day moving average price of GBX 39.91. The firm’s market cap is GBX 92.57 million.

Renold plc Company Profile

Renold plc is engaged in delivering engineered and power transmission products and solutions across the world. The Company’s Chain segment manufactures and sells power transmission and conveyor chain and includes sales of torque transmission product through Chain National Sales Companies (NSCs). It has manufacturing sites in the United States, Germany, India, China, Malaysia and Australia.

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