Home » Reports » Broker Ratings » Renishaw plc 11.1% Potential Decrease Indicated by Deutsche Bank

Renishaw plc 11.1% Potential Decrease Indicated by Deutsche Bank

Renishaw plc using EPIC/TICKER code (LON:RSW) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Deutsche Bank. Renishaw plc are listed in the Industrials sector within UK Main Market. Deutsche Bank have set their target price at 4255 GBX on its stock. This indicates the analyst believes there is a potential downside of -11.1% from today’s opening price of 4783.76 GBX. Over the last 30 and 90 trading days the company share price has decreased 80.24 points and decreased 576.24 points respectively. The 52 week high for the share price is currently at 5820 GBX while the 52 week low for the stock is 3024 GBX.

Renishaw plc has a 50 day moving average of 4,798.85 GBX and a 200 Day Moving Average share price is recorded at 4,857.93. There are currently 72,788,545 shares in issue with the average daily volume traded being 98,651. Market capitalisation for LON:RSW is £3,418,732,239 GBP.