Renishaw plc 11.6% Potential Decrease Indicated by Goldman Sachs

Broker Ratings

Renishaw plc with EPIC/TICKER (LON:RSW) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Renishaw plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set their target price at 4200 GBX on its stock. This indicates the analyst believes there is a potential downside of -11.6% from today’s opening price of 4750 GBX. Over the last 30 and 90 trading days the company share price has increased 836 points and increased 1486 points respectively. The 1 year high for the stock price is 4930 GBX while the 52 week low for the share price is 2234.51 GBX.

Renishaw plc has a 50 day moving average of 4,149.12 GBX and a 200 day moving average of 3,800.35. There are currently 72,788,543 shares in issue with the average daily volume traded being 107,995. Market capitalisation for LON:RSW is £3,511,697,828 GBP.

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