Renishaw plc 9.9% Potential Decrease Indicated by UBS

Broker Ratings

Renishaw plc with EPIC/TICKER (LON:RSW) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘SELL’ today by analysts at UBS. Renishaw plc are listed in the Industrials sector within UK Main Market. UBS have set a target price of 3423 GBX on its stock. This would indicate that the analyst believes there is a downside of -9.9% from today’s opening price of 3798 GBX. Over the last 30 and 90 trading days the company share price has decreased 502 points and decreased 240 points respectively. The 1 year high share price is 5745 GBX while the year low share price is currently 3558 GBX.

Renishaw plc has a 50 day moving average of 4,302.76 GBX and a 200 Day Moving Average share price is recorded at 4,651.53. There are currently 72,788,543 shares in issue with the average daily volume traded being 105,540. Market capitalisation for LON:RSW is £2,725,203,049 GBP.

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