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Renishaw plc 5.1% Potential Upside Indicated by Numis

Renishaw plc using EPIC/TICKER code (LON:RSW) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Numis. Renishaw plc are listed in the Industrials sector within UK Main Market. Numis have set their target price at 5900 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.1% from the opening price of 5615 GBX. Over the last 30 and 90 trading days the company share price has increased 335 points and increased 931 points respectively. The 52 week high for the share price is currently at 5820 GBX while the year low share price is currently 4107 GBX.

Renishaw plc has a 50 day moving average of 5,539.08 GBX and a 200 Day Moving Average share price is recorded at 5,199.12. There are currently 72,788,544 shares in issue with the average daily volume traded being 81,982. Market capitalisation for LON:RSW is £4,007,505,008 GBP.