Renew (LON:RNWH) Earns “Buy” Rating from Shore Capital Group

Renew (LON:RNWH)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital Group in a report released on Wednesday,London Stock Exchange reports. They currently have a GBX 850 target price on the stock. Shore Capital Group’s price objective indicates a potential downside of 4.17% from the company’s previous close.

Separately, Peel Hunt restated a “buy” rating and set a GBX 1,300 price target on shares of Renew in a report on Friday, December 26th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 1,172.50.

Renew Price Performance

LON:RNWH opened at GBX 887 on Wednesday. The firm has a market capitalization of £702.18 million, a price-to-earnings ratio of 14.39 and a beta of 0.77. The company has a debt-to-equity ratio of 11.50, a current ratio of 0.88 and a quick ratio of 0.81. The business has a 50 day simple moving average of GBX 908.02 and a 200-day simple moving average of GBX 902.01. Renew has a 1 year low of GBX 590.55 and a 1 year high of GBX 978.

About Renew