Renew’s (RNWH) Buy Rating Reiterated at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Renew (LON:RNWH) in a report published on Monday, Marketbeat.com reports. Shore Capital currently has a GBX 1,350 target price on the stock.

Several other equities analysts have also weighed in on the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,300 price objective on shares of Renew in a research note on Monday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,200 price objective on shares of Renew in a research note on Tuesday, September 2nd. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 1,283.33.

Renew Stock Up 0.1%

Shares of LON:RNWH opened at GBX 940.66 on Monday. The stock’s 50-day moving average price is GBX 838.22 and its two-hundred day moving average price is GBX 803.86. The company has a current ratio of 0.93, a quick ratio of 0.81 and a debt-to-equity ratio of 37.10. Renew has a 12-month low of GBX 590.55 and a 12-month high of GBX 1,296. The firm has a market cap of £744.60 million, a price-to-earnings ratio of 1,646.23 and a beta of 1.06.

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