Renishaw stock gains after Jefferies upgrade and higher price target

Published on 09/11/2026 at 14:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Renishaw stock received a Jefferies upgrade to Buy with a raised price target on September 11, 2026, supporting the latest share move. The shares also trade within sight of their 52-week high after a strong run from last year.

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Renishaw stock (ISIN GB0007365546) climbed in London trading on September 11, 2026, after an analyst upgrade from Jefferies lifted sentiment toward the engineering technology group and underlined a sharply higher price target of 6,090.00 pence.

Jefferies upgrade and new price target

According to Morningstar on September 11, 2026, Jefferies upgraded Renishaw from Hold to Buy and raised its price target from 3,450.00 pence to 6,090.00 pence, implying an increase of 76.5 percent in the target level.

As MarketScreener reported on September 11, 2026, Renishaw shares rose around 3.1 percent in response to the upgrade, highlighting how the market is reacting to expectations of a stronger earnings trajectory, particularly linked to the semiconductor cycle.

Share price performance and 52-week range

Per a London Stock Exchange quote cited by LSE on September 11, 2026, Renishaw stock was recently quoted at 5,200.00 pence on the London Stock Exchange, up 4.78 percent on the day and placing the shares closer to the upper end of their recent trading range.

According to Kalkine Media on September 10, 2026, Renishaw shares have moved from a 52-week low of 3,140.00 pence in September 2025 to a 52-week high of 5,485.00 pence in early June 2026, meaning the latest price of 5,200.00 pence sits around 5.2 percent below that high while still representing a gain of roughly 65.6 percent from the low.

Upcoming FY2026 results and earnings calendar

According to LSE, Renishaw stated in a regulatory notice that it will announce its results for the year ended June 30, 2026 on September 23, 2026 at 07:00 BST, giving investors a specific date to watch for updated revenue, profit and margin figures.

As Kalkine reported on September 11, 2026, the company plans to accompany the FY2026 numbers with an in-person analyst and investor presentation in London led by Chief Executive Will Lee and Chief Financial Officer John Shipsey, underscoring the importance of this update for the medium-term outlook.

Per an earnings calendar overview from eToro on September 11, 2026, Renishaw is scheduled to release these FY2026 results on September 23, 2026 after the market close, reinforcing the same reporting date and signaling that consensus will soon be updated against the published figures.

Stock level and investor perspective

Renishaw stock closed at 5,200.00 pence on the London Stock Exchange on September 11, 2026, with the primary listing in London and trading in GBP, leaving the shares below the new Jefferies price target of 6,090.00 pence but within around 16.0 percent of that target level.