Zacks Investment Research upgraded shares of Renishaw (NASDAQ:RNSHF) from a hold rating to a buy rating in a research note issued to investors on Friday, May 12th. They currently have $53.00 price target on the stock.
According to Zacks, “Renishaw plc is an engineering and scientific technology company. Its product includes metrology and inspection equipment, spectroscopy systems and computer aided design and manufacturing systems. Renishaw plc is headquartered in Wotton-under-Edge, the United Kingdom. “
Shares of Renishaw (NASDAQ:RNSHF) remained flat at $44.50 during mid-day trading on Friday. The firm has a market cap of $3.24 billion and a price-to-earnings ratio of 34.60. Renishaw has a 52 week low of $30.35 and a 52 week high of $46.98.
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