Renew (LON:RNWH) Receives Buy Rating from Berenberg Bank

Renew (LON:RNWH)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research note issued on Wednesday,London Stock Exchange reports. They presently have a GBX 1,320 price objective on the stock. Berenberg Bank’s target price points to a potential upside of 48.15% from the stock’s previous close.

Several other analysts have also commented on RNWH. Shore Capital Group restated a “buy” rating and set a GBX 850 price objective on shares of Renew in a research report on Wednesday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,300 price target on shares of Renew in a research note on Friday, December 26th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 1,172.50.

Renew Stock Up 4.8%

LON RNWH traded up GBX 41 on Wednesday, hitting GBX 891. The stock had a trading volume of 230,638 shares, compared to its average volume of 268,259. Renew has a 52-week low of GBX 590.55 and a 52-week high of GBX 978. The business’s fifty day moving average price is GBX 909.41 and its 200 day moving average price is GBX 902.19. The company has a debt-to-equity ratio of 11.50, a current ratio of 0.88 and a quick ratio of 0.81. The stock has a market cap of £705.35 million, a price-to-earnings ratio of 14.45 and a beta of 0.77.

Renew Company Profile