Peel Hunt Reaffirms “Buy” Rating for Renold (RNO)

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Peel Hunt reaffirmed their buy rating on shares of Renold (LON:RNO) in a report issued on Monday.

RNO stock opened at GBX 29.20 ($0.38) on Monday. Renold has a 52 week low of GBX 32.12 ($0.42) and a 52 week high of GBX 65 ($0.85).

Renold Company Profile

Renold plc manufactures and sells high precision engineered and power transmission products in the United Kingdom, rest of Europe, North America, and internationally. The company operates in two segments, Chain and Torque Transmission. It offers standard, welded steel, trident, and draw bench conveyor chains, as well as conveyor chains for theme parks; and bucket elevator, escalator, heavy duty drag, and waste water treatment chains, as well as standard attachments.

Read More: Price to Earnings Ratio (PE)

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