Renishaw’s (RSW) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Renishaw (LON:RSW) in a research note issued to investors on Friday,Digital Look reports. They currently have a GBX 6,300 price target on the stock.

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 3,450 price objective on shares of Renishaw in a report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 4,397.50.

Renishaw Stock Performance

RSW stock opened at GBX 5,205 on Friday. Renishaw has a 52 week low of GBX 2,860 and a 52 week high of GBX 5,490. The company has a market capitalization of £3.79 billion, a PE ratio of 51.08, a price-to-earnings-growth ratio of 3.73 and a beta of 1.13. The company’s 50-day simple moving average is GBX 5,060.33 and its 200 day simple moving average is GBX 4,417.41. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.10 and a current ratio of 4.57.

Renishaw Company Profile

We are a world leader in measuring and manufacturing systems.

Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they’re making. This technology also helps our customers to innovate their products and processes.

We are guided by our purpose: Transforming Tomorrow Together. This means working with our customers to make the products and the materials that are going to be needed for the future.

We believe that our purpose is incredibly relevant in today’s environment where the pace of change in technology is faster than ever.