Renishaw (LON:RSW - Get Free Report)'s stock had its "hold" rating restated by Jefferies Financial Group in a research note issued to investors on Monday,London Stock Exchange reports. They presently have a GBX 3,450 target price on the stock. Jefferies Financial Group's price objective suggests a potential downside of 21.73% from the stock's current price.
Renishaw Stock Up 5.8%
RSW opened at GBX 4,408 on Monday. Renishaw has a 1-year low of GBX 2,100 and a 1-year high of GBX 4,568. The stock's fifty day simple moving average is GBX 3,949.30 and its 200 day simple moving average is GBX 3,711.48. The company has a current ratio of 4.57, a quick ratio of 3.10 and a debt-to-equity ratio of 1.60. The stock has a market cap of £3.21 billion, a PE ratio of 43.26, a price-to-earnings-growth ratio of 3.73 and a beta of 0.94.
Renishaw (LON:RSW - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported GBX 68.80 earnings per share for the quarter. Renishaw had a return on equity of 8.06% and a net margin of 10.06%. As a group, research analysts expect that Renishaw will post 159.8984772 earnings per share for the current year.
About Renishaw
(
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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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