Renold PLC (LON:RNO) has been retained to Hold in a statement by finnCap earlier today.
- Updated: October 15, 2016
Boasting a price of 41.00GBX, Renold PLC (LON:RNO) traded 1.24% higher on the day. With the last stock price close up 2.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Renold PLC has recorded a 50-day average of 40.10GBX and a two hundred day average of 39.69GBX. Volume of trade was down over the average, with 94,129 shares of RNO changing hands under the typical 125,097
finnCap has retained Renold PLC (LON:RNO) to Hold in a statement released on 10/13/2016.
On Thursday September 01, 2016, Cantor Fitzgerald released a statement for Renold PLC (LON:RNO) maintained the target price at 50.00GBX that suggested an upside of 0.19%.
With a total market value of 0 GBX, Renold PLC has price-earnings ratio of 17.72 with a one year low of 28.20GBX and a one year high of 74.00GBX .
A total of 4 equity analysts have released a ratings update on RNO. Two equity analysts rating the company a strong buy, two equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 51.75GBX.
Brief Synopsis About 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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