Renew (LON:RNWH) Earns “Buy” Rating from Berenberg Bank

Renew (LON:RNWHGet Free Report)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research report issued on Wednesday,London Stock Exchange reports. They currently have a GBX 1,320 price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 48.82% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on the company. Shore Capital Group reaffirmed a “buy” rating and set a GBX 850 price objective on shares of Renew in a research report on Wednesday. Peel Hunt reissued a “buy” rating and set a GBX 1,300 price target on shares of Renew in a research report on Friday, December 26th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 1,172.50.

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Renew Trading Down 0.4%

Shares of LON:RNWH opened at GBX 887 on Wednesday. The company has a market capitalization of £702.18 million, a PE ratio of 14.39 and a beta of 0.77. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 11.50. Renew has a 12-month low of GBX 590.55 and a 12-month high of GBX 978. The business’s fifty day simple moving average is GBX 908.02 and its 200-day simple moving average is GBX 902.01.

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