Renew (LON:RNWH) Earns Buy Rating from Peel Hunt

Renew (LON:RNWH)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research note issued on Friday, Marketbeat reports. They currently have a GBX 1,300 target price on the stock. Peel Hunt’s target price suggests a potential upside of 46.07% from the stock’s previous close.

Several other equities analysts have also recently commented on RNWH. Deutsche Bank Aktiengesellschaft upped their price target on Renew from GBX 1,200 to GBX 1,220 and gave the company a “buy” rating in a report on Tuesday, November 25th. Shore Capital restated a “buy” rating and issued a GBX 1,350 target price on shares of Renew in a research note on Tuesday, November 25th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 1,200 price target on shares of Renew in a research note on Tuesday, November 25th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 1,267.50.

Renew Stock Performance

Shares of RNWH opened at GBX 890 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.81 and a debt-to-equity ratio of 37.10. The company has a market cap of £704.50 million, a PE ratio of 14.43 and a beta of 1.06. The stock has a 50-day moving average price of GBX 915.14 and a 200-day moving average price of GBX 863.68. Renew has a 12-month low of GBX 590.55 and a 12-month high of GBX 978.

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

Renew Company Profile