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Renishaw ( (GB:RSW) ) has shared an announcement.
Renishaw plc announced a significant board change with the retirement of Allen Roberts, the Group Finance Director, after a 46-year tenure. His departure marks the end of an era of financial stewardship that has been pivotal in the company’s strategic development, including the establishment of overseas subsidiaries. The company is in the process of recruiting a new Chief Financial Officer and anticipates its 2025 full-year results to show revenue in the range of £700m to £720m, with adjusted profit before tax towards the top of the £109m to £127m range.
The most recent analyst rating on (GB:RSW) stock is a Buy with a £3900.00 price target. To see the full list of analyst forecasts on Renishaw stock, see the GB:RSW Stock Forecast page.
Spark’s Take on GB:RSW Stock
According to Spark, TipRanks’ AI Analyst, GB:RSW is a Outperform.
Renishaw’s strong financial position and strategic initiatives are major strengths, supporting a solid stock performance. However, decreased net profit margins and limited dividend yield slightly offset these positives.
To see Spark’s full report on GB:RSW stock, click here.
More about Renishaw
Renishaw plc is a global provider of manufacturing technologies, analytical instruments, and medical devices. The company is known for its focus on innovation and has established a strong market presence with its diverse range of products and services.
Average Trading Volume: 93,228
Technical Sentiment Signal: Hold
Current Market Cap: £2.19B
For detailed information about RSW stock, go to TipRanks’ Stock Analysis page.