Renew’s (RNWH) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Renew (LON:RNWH) in a research note published on Friday, MarketBeat reports. They currently have a GBX 1,300 price target on the stock.

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

Renew Stock Performance

Shares of Renew stock opened at GBX 890 on Friday. The company has a market capitalization of £704.50 million, a PE ratio of 14.43 and a beta of 1.06. The company has a quick ratio of 0.81, a current ratio of 0.93 and a debt-to-equity ratio of 37.10. The stock’s fifty day moving average is GBX 915.14 and its two-hundred day moving average is GBX 863.88. Renew has a 52 week low of GBX 590.55 and a 52 week high of GBX 978.

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

About Renew