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Renishaw plc 3.9% Potential Upside Indicated by Goldman Sachs

Renishaw plc with EPIC/TICKER (LON:RSW) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. Renishaw plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 4570 GBX on its stock. This indicates the analyst now believes there is a potential upside of 3.9% from the opening price of 4398 GBX. Over the last 30 and 90 trading days the company share price has increased 310 points and increased 170 points respectively. The 1 year high for the share price is 5745 GBX while the 52 week low is 3614 GBX.

Renishaw plc has a 50 day moving average of 4,233.91 GBX and a 200 day moving average of 4,849.28. There are currently 72,788,543 shares in issue with the average daily volume traded being 108,899. Market capitalisation for LON:RSW is £3,207,063,204 GBP.