Renew (LON:RNWH) Sets New 12-Month High – Time to Buy?

Shares of Renew Holdings plc (LON:RNWH – Get Free Report) reached a new 52-week high on Wednesday. The company traded as high as GBX 1,028 and last traded at GBX 1,012, with a volume of 25,640 shares trading hands. The stock had previously closed at GBX 986.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised their target price on shares of Renew from GBX 1,220 to GBX 1,260 and gave the stock a “buy” rating in a report on Thursday. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 1,182.50.

Get Our Latest Analysis on RNWH

Renew Stock Down 1.8%

The company has a 50-day simple moving average of GBX 944.39 and a 200-day simple moving average of GBX 914.33. The firm has a market cap of £826.85 million, a PE ratio of 19.57 and a beta of 0.80. The company has a debt-to-equity ratio of 12.90, a current ratio of 0.91 and a quick ratio of 0.81.

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