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

Berenberg Bank reiterated their buy rating on shares of Renew (LON:RNWH) in a report issued on Wednesday morning,London Stock Exchange reports. Berenberg Bank currently has a GBX 1,320 target price on the stock.

Other equities research analysts have also recently issued research reports about the stock. Shore Capital Group restated a “buy” rating and issued a GBX 850 target price on shares of Renew in a report on Wednesday. Peel Hunt reiterated a “buy” rating and set a GBX 1,300 target price on shares of Renew in a research note on Friday, December 26th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 1,172.50.

Renew Stock Performance

Shares of RNWH stock opened at GBX 877 on Wednesday. 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 company has a 50 day moving average price of GBX 908.81 and a 200-day moving average price of GBX 902.11. Renew has a 52 week low of GBX 590.55 and a 52 week high of GBX 978. The firm has a market capitalization of £694.27 million, a PE ratio of 14.22 and a beta of 0.77.

Renew Company Profile