Berenberg starts Renishaw coverage with 'buy' rating

24th Sep 2020 13:02

(Sharecast News) - Berenberg initiated coverage of Renishaw with a 'buy' rating and predicted the engineering and healthcare company would recover strongly from the downturn.

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Renishaw seeks to quell shareholder unrest over pay

24th Sep 2020 08:20

(Sharecast News) - Renishaw has sought to head off shareholder unrest before its annual general meeting by increasing shareholding requirements and capping share bonuses for new executive directors.

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Tuesday broker round-up

28th Jul 2020 13:53

(Sharecast News) - Renishaw: Morgan Stanley downgrades to equal weight with a target price of 4,500.0p.

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Renishaw scraps final dividend in response to Covid-19 crisis

5th Jun 2020 07:02

(Sharecast News) - Scientific engineer Renishaw scrapped its final dividend in response to the coronavirus crisis as it looked to control costs.

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Renishaw lowers FY guidance due to lockdowns

12th May 2020 08:41

(Sharecast News) - Engineering firm Renishaw lowered its annual profit forecasts on Tuesday as a result of a coronavirus-fuelled downturn in sales across the automotive and aerospace sectors.

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Director dealings: Renishaw CEO ups stake

6th Mar 2020 14:14

(Sharecast News) - Renishaw revealed on Friday that chief executive William Lee had acquired 900 ordinary shares in the FTSE 250-listed engineering company.

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Renishaw FY profit set to fall amid 'challenging' backdrop

30th Jan 2020 10:01

(Sharecast News) - FTSE 250 engineer Renishaw warned on Thursday that full-year profit was set to fall as it posted a drop in interim profit and revenue amid "challenging" trading conditions.

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Morgan Stanley hikes target for Renishaw ahead of turning point in Asian demand

23rd Jan 2020 08:15

(Sharecast News) - Analysts at Morgan Stanley upgraded their recommendation on shares of British engineer Renishaw to 'overweight' on Thursday as it forecast a "strong inflection" in machine tool data by mid-year.

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Sunday share tips: Renishaw, RockRose Energy

17th Nov 2019 12:15

(Sharecast News) - In his 'Inside the City' column for the Sunday Times, John Collingridge wrote about engineering giant Renishaw, starting with its humble beginnings in Sir David McMurtry's garage in the 1970s, where he invented a tool to measure fuel pipes in the Concorde's jet engines, while working at Rolls-Royce.

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Wednesday broker round-up

6th Nov 2019 12:54

(Sharecast News) - Ferrexpo: JP Morgan upgrades to overweight with a target price of 190p.

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Thursday broker round-up

24th Oct 2019 13:38

(Sharecast News) - Reckitt Benckiser: UBS downgrades to neutral with a target price of 6,200p.

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Friday broker round-up

18th Oct 2019 12:53

(Sharecast News) - Royal Bank of Scotland: JP Morgan upgrades to overweight with a target price of 280p.

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Renishaw profits hit by 'challenging' global macro environment

15th Oct 2019 08:29

(Sharecast News) - Metrology and technology group Renishaw posted a fall in first-quarter profit and revenue on Tuesday as it said trading is expected to remain challenging throughout the rest of 2019.

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Thursday broker round-up

12th Sep 2019 10:29

(Sharecast News) - InterContinental Hotels: JPMorgan downgrades to underweight with a target price of 4,700p.

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Renishaw's group engineering director heads for the exit

25th Jun 2019 07:16

(Sharecast News) - Renishaw confirmed on Tuesday that group engineering director Geoff McFarland, who has been at the engineering firm for more than two decades, will resign as a director of the board with effect from 30 June due to family reasons.

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