Deutsche Bank Aktiengesellschaft Raises Renishaw (LON:RSW) Price Target to GBX 5,600

Renishaw (LON:RSWGet Free Report) had its price target lifted by Deutsche Bank Aktiengesellschaft from GBX 4,960 to GBX 5,600 in a research note issued to investors on Tuesday,Digital Look reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 12.27% from the stock’s current price.

RSW has been the topic of several other research reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 3,450 price target on shares of Renishaw in a report on Wednesday, May 6th. Peel Hunt reissued a “buy” rating and set a GBX 6,300 price objective on shares of Renishaw in a report on Friday. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of GBX 4,812.50.

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Renishaw Price Performance

Shares of RSW stock traded down GBX 177 on Tuesday, reaching GBX 4,988. The company’s stock had a trading volume of 49,351 shares, compared to its average volume of 294,500. The company has a market capitalization of £3.63 billion, a P/E ratio of 48.95, a PEG ratio of 3.73 and a beta of 1.13. Renishaw has a 12-month low of GBX 2,860 and a 12-month high of GBX 5,490. The stock’s 50 day simple moving average is GBX 5,065.44 and its 200-day simple moving average is GBX 4,428.96. The company has a quick ratio of 3.10, a current ratio of 4.57 and a debt-to-equity ratio of 1.60.

Renishaw Company Profile

(Get Free Report)

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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