RENISHAW PLC 20 (RNSHF) Projected to Release Earnings on Wednesday

RENISHAW PLC 20 (OTCMKTS:RNSHF) is projected to announce its resultson Wednesday, September 23rd. Analysts expect the company to announce earnings of $1.22 per share and revenue of $595.77 million for the quarter.

RENISHAW PLC 20 Price Performance

RENISHAW PLC 20 stock opened at $67.06 on Tuesday. The company’s 50 day simple moving average is $68.25 and its 200 day simple moving average is $65.93. RENISHAW PLC 20 has a fifty-two week low of $42.18 and a fifty-two week high of $73.71.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised RENISHAW PLC 20 from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, RENISHAW PLC 20 currently has a consensus rating of “Strong Buy”.

RENISHAW PLC 20 Company Profile

Renishaw plc is a United Kingdom-based engineering and technology company that develops precision measurement, manufacturing and healthcare solutions. Its products are used by manufacturers, research organizations and medical professionals in applications requiring high levels of accuracy, process control and automation.

The company’s manufacturing technologies include coordinate-measuring machine systems, machine-tool probing and inspection equipment, position encoders, calibration and gauging systems, and Raman spectroscopy products.