Renew (LON:RNWH) Price Target Raised to GBX 1,220

Renew (LON:RNWH) had its target price upped by Deutsche Bank Aktiengesellschaft from GBX 1,200 to GBX 1,220 in a research report report published on Tuesday, MarketBeat.com reports. They currently have a buy rating on the stock.

A number of other analysts have also recently weighed in on the stock. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,300 price target on shares of Renew in a research report on Tuesday. Berenberg Bank restated a “buy” rating and issued a GBX 1,200 price target on shares of Renew in a research note on Tuesday. Finally, Shore Capital reaffirmed a “buy” rating and set a GBX 1,350 target price on shares of Renew in a report on Tuesday. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 1,267.50.

Renew Trading Down 1.8%

Shares of RNWH stock opened at GBX 933 on Tuesday. The company has a debt-to-equity ratio of 37.10, a current ratio of 0.93 and a quick ratio of 0.81. The firm has a market cap of £738.53 million, a P/E ratio of 16.33 and a beta of 1.06. Renew has a 1-year low of GBX 590.55 and a 1-year high of GBX 1,084. The firm’s 50-day simple moving average is GBX 906.36 and its 200-day simple moving average is GBX 852.63.

Renew (LON:RNWH) last announced its quarterly earnings results on Tuesday, November 25th. The company reported GBX 67.10 earnings per share for the quarter. Renew had a net margin of 4.45% and a return on equity of 22.35%.

About Renew