Home » Reports » Broker Ratings » Renishaw plc 11.9% Potential Decrease Indicated by UBS

Renishaw plc 11.9% Potential Decrease Indicated by UBS

Renishaw plc using EPIC/TICKER code (LON:RSW) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘SELL’ this morning by analysts at UBS. Renishaw plc are listed in the Industrials sector within UK Main Market. UBS have set a target price of 3490 GBX on its stock. This would indicate that the analyst believes there is a downside of -11.9% from today’s opening price of 3960 GBX. Over the last 30 and 90 trading days the company share price has increased 80 points and decreased 196 points respectively. The 1 year high share price is 5700 GBX while the 52 week low for the stock is 3510 GBX.

Renishaw plc has a 50 day moving average of 4,110.47 GBX and the 200 Day Moving Average price is recorded at 4,204.98. There are currently 72,788,543 shares in issue with the average daily volume traded being 96,366. Market capitalisation for LON:RSW is £2,808,181,988 GBP.

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