Renishaw plc (LON:RSW – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 4,766 and last traded at GBX 4,762, with a volume of 14868 shares changing hands. The stock had previously closed at GBX 4,756.38.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reissued a “hold” rating and set a GBX 3,450 price target on shares of Renishaw in a report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of GBX 3,763.33.
Read Our Latest Stock Analysis on Renishaw
Renishaw Stock Up 1.1%
Renishaw (LON:RSW – Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported GBX 68.80 earnings per share (EPS) for the quarter. Renishaw had a return on equity of 8.06% and a net margin of 10.06%. On average, equities analysts anticipate that Renishaw plc will post 159.8984772 earnings per share for the current year.
Renishaw Company Profile
We are a world leader in measuring and manufacturing systems.
Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they’re making. This technology also helps our customers to innovate their products and processes.
We are guided by our purpose: Transforming Tomorrow Together. This means working with our customers to make the products and the materials that are going to be needed for the future.
We believe that our purpose is incredibly relevant in today’s environment where the pace of change in technology is faster than ever.
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