Renishaw (LON:RSW) Given Sell Rating at Deutsche Bank

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Renishaw (LON:RSW)‘s stock had its “sell” rating reaffirmed by research analysts at Deutsche Bank in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also issued reports about the company. Investec lowered Renishaw to a “sell” rating and dropped their price target for the company from GBX 3,810 ($49.78) to GBX 3,745 ($48.94) in a research report on Tuesday, May 28th. Peel Hunt restated an “add” rating on shares of Amerisur Resources in a research report on Tuesday, May 14th. Morgan Stanley lifted their price target on Visa from $175.00 to $191.00 and gave the company an “overweight” rating in a research report on Thursday. UBS Group began coverage on Chewy in a research report on Tuesday, July 9th. They set a “buy” rating and a $42.00 price target on the stock. Finally, Goldman Sachs Group lowered EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a research report on Wednesday. Five investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company presently has an average rating of “Sell” and a consensus price target of GBX 3,693.57 ($48.26).

Shares of RSW stock opened at GBX 3,822 ($49.94) on Friday. Renishaw has a fifty-two week low of GBX 3,510 ($45.86) and a fifty-two week high of GBX 5,700 ($74.48). The company has a market cap of $2.78 billion and a price-to-earnings ratio of 21.72. The stock has a 50 day simple moving average of GBX 3,977.20.

Renishaw Company Profile

Renishaw plc, a metrology company, designs, manufactures, distributes, sells, and services metrology and healthcare products worldwide. The company offers metrology products, including additive manufacturing systems, co-ordinate measuring machine products, machine tool probe systems, styli for probe systems, performance testing products, gauging systems, fixtures, and position encoders.

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Analyst Recommendations for Renishaw (LON:RSW)

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