N+1 Singer reported on Renold PLC (LON:RNO), reducing its stock price target to 65.00GBX earlier today
- Updated: October 12, 2016
Having a price of 41.00GBX, Renold PLC (LON:RNO) traded 0.00% even on the day. With the last stock price up 0.88% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. RNO has recorded a 50-day average of 40.12GBX and a two hundred day average of 39.65GBX. Trade Volume was up over the average, with 130,854 shares of RNO changing hands over the typical 127,010
N+1 Singer dropped the price target of Renold PLC (LON:RNO) to 65.00GBX reporting a possible upside of 0.59%.
On Thursday September 01, 2016, Cantor Fitzgerald released a statement about Renold PLC (LON:RNO) maintained the target price at 50.00GBX that suggested an upside of 0.19%.
Recent Performance Chart
Renold PLC has PE ratio of 17.39 with a one year low of 28.20GBX and a one year high of 74.00GBX and has a market capitalization of 0 GBX.
A total of 4 brokerages have issued a ratings update on Renold PLC. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 51.75GBX.
General Company Details For Renold PLC (LON:RNO)
Renold plc is engaged in delivering engineered and power transmission products and solutions across the world. The Company's Chain segment manufactures and sells power transmission and conveyor chain and includes sales of torque transmission product through Chain National Sales Companies (NSCs). It has manufacturing sites in the United States, Germany, India, China, Malaysia and Australia. It also offers leaf chain used in the forklift trucks. Its Torque Transmission segment manufactures and sells torque transmission products, such as gearboxes and couplings. It is a manufacturer and developer of coupling and gearbox solutions, from fluid couplings to rubber-in-compression and rubber-in-shear couplings, and a range of worm gears, helical and bevel helical worm drives. It also manufactures gear spindles. The applications of conveyor chain include theme park rides, water treatment plants, cement mills, agricultural machinery, mining and sugar production.
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