Renew’s (RNWH) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Renew (LON:RNWH) in a research note issued to investors on Wednesday morning,London Stock Exchange reports. They currently have a GBX 1,320 price target on the stock.

A number of other equities research analysts have also commented on the company. 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 reiterated a “buy” rating and issued a GBX 1,300 target price on shares of Renew in a report on Friday, December 26th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 1,172.50.

Renew Stock Performance

Shares of Renew stock opened at GBX 887 on Wednesday. Renew has a 12 month low of GBX 590.55 and a 12 month high of GBX 978. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 11.50. The stock has a market cap of £702.18 million, a PE ratio of 14.39 and a beta of 0.77. The business has a fifty day simple moving average of GBX 907.45 and a 200-day simple moving average of GBX 902.65.

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