Renishaw plc with ticker (LON:RSW) now has a potential upside of 18.5% according to Deutsche.
RSW.L
Deutsche set a target price of 4,000 GBX for the company, which when compared to the Renishaw plc share price of 3,375 GBX at opening today (21/10/2024) indicates a potential upside of 18.5%. Trading has ranged between 2,823 (52 week low) and 4,500 (52 week high) with an average of 52,622 shares exchanging hands daily. The market capitalisation at the time of writing is £2,398,382,063.
Renishaw plc is a United Kingdom-based supplier of measuring systems and production systems. The principal activities of the Company are the design, manufacture, sale, distribution and service of manufacturing technologies products and services, and analytical instruments and medical devices. The Company operates through two segments: manufacturing technologies, and analytical instruments and medical devices. The manufacturing technologies segment consists of four areas: industrial metrology, additive manufacturing, position measurement and the new industrial automation line. The analytical instruments and medical devices segment consist of spectroscopy and neurological, where it supplies its customers with technologies to improve materials analysis and neurological therapies. Its products include CMM probes, software, and retrofits; equator gauging system; interferometric laser encoders; probing and tool measurement systems for machine tools, and others.
Renishaw plc 18.5% potential upside indicated by Deutsche
- Written by: Charlotte Edwards
Latest Company News
Renishaw has outlined updates on its strategic priorities, including innovation, growth and additive manufacturing, at its London Capital Markets Day.
Revenue rose 9.5% to £571.6m for the nine months, with Q3 reaching a record £206.0m. Growth was driven by strong demand in semiconductor, electronics, and aerospace sectors, with full-year guidance maintained.
Renishaw has appointed John Shipsey as Chief Financial Officer and Executive Director from 13 April 2026, confirmed Sir David Grant as Chair for up to two years, and named Juliette Stacey as Senior Independent Director.
Renishaw delivered 7.1% revenue growth to £365.6m in H1 FY2026, with adjusted operating profit up 11.4% and margin improving to 15.7%.
Renishaw plc has reported record revenue of £713.0m and a 3.8% increase in adjusted profit before tax for the year ended 30 June 2025. Despite challenging market conditions, the group saw growth across key segments, continued strong cash generation, and announced a 2.5% increase in the full year dividend.
