Renew (LON:RNWH) Sets New 52-Week High – Time to Buy?

Shares of Renew Holdings plc (LON:RNWH – Get Free Report) reached a new 52-week high during trading on Tuesday. The stock traded as high as GBX 1,122 and last traded at GBX 1,109.47, with a volume of 130,820 shares trading hands. The stock had previously closed at GBX 1,096.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft increased their price target on Renew from GBX 1,220 to GBX 1,260 and gave the stock a “buy” rating in a research report on Thursday, October 29th. Four equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 1,182.50.

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Renew Price Performance

The stock has a market capitalization of £867.10 million, a PE ratio of 20.52 and a beta of 0.84. The stock’s 50 day moving average is GBX 959.51 and its two-hundred day moving average is GBX 920.02. The company has a debt-to-equity ratio of 12.90, a quick ratio of 0.81 and a current ratio of 0.91.

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