Renew’s (RNWH) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Renew (LON:RNWH) in a research report sent to investors on Wednesday, Marketbeat.com reports. The brokerage currently has a GBX 1,220 target price on the stock.

A number of other brokerages have also recently weighed in on RNWH. Shore Capital Group reissued a “buy” rating and issued a GBX 850 price target (down from GBX 1,350) on shares of Renew in a research report on Wednesday, April 1st. Berenberg Bank reissued a “buy” rating and issued a GBX 1,320 price target on shares of Renew in a research report on Wednesday, April 1st. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Renew presently has an average rating of “Buy” and an average target price of GBX 1,172.50.

Renew Price Performance

LON RNWH opened at GBX 894.01 on Wednesday. The company has a debt-to-equity ratio of 12.90, a current ratio of 0.91 and a quick ratio of 0.81. The stock’s fifty day moving average price is GBX 903.68 and its 200 day moving average price is GBX 910.93. The company has a market cap of £707.74 million, a price-to-earnings ratio of 14.50 and a beta of 0.78. Renew has a 1 year low of GBX 772 and a 1 year high of GBX 978.

Renew (LON:RNWH) last issued its earnings results on Tuesday, May 12th. The company reported GBX 30.90 EPS for the quarter. Renew had a net margin of 3.81% and a return on equity of 17.24%. The firm had revenue of £574.29 million during the quarter.

About Renew