Berenberg Bank Reiterates “Buy” Rating for Renewi (LON:RWI)

Renewi (LON:RWI)‘s stock had its “buy” rating reaffirmed by investment analysts at Berenberg Bank in a report released on Thursday, Marketbeat reports. They currently have a GBX 710 ($8.76) target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 23.91% from the company’s previous close.

Renewi Trading Down 0.3 %

LON:RWI opened at GBX 573 ($7.07) on Thursday. The company has a current ratio of 0.60, a quick ratio of 0.59 and a debt-to-equity ratio of 215.49. The stock has a market capitalization of £459.89 million, a PE ratio of 830.43, a price-to-earnings-growth ratio of 0.38 and a beta of 1.11. The firm’s 50 day moving average is GBX 602.07 and its 200 day moving average is GBX 551.41. Renewi has a 12 month low of GBX 446.50 ($5.51) and a 12 month high of GBX 749 ($9.25).

About Renewi

Renewi plc, together with its subsidiaries, provides waste-to-product services. The company operates through Commercial Waste, Mineralz & Water, and Specialities segments. The Commercial Waste segment engages in the collection and treatment of commercial waste in the Netherlands and Belgium; and processing of wood, aggregates, plastics, paper products, and organic waste.