Shore Capital Reaffirms “Buy” Rating for Renew (LON:RNWH)

Renew (LON:RNWH)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital in a note issued to investors on Wednesday, MarketBeat Ratings reports. They currently have a GBX 1,350 target price on the stock. Shore Capital’s price objective indicates a potential upside of 48.68% from the stock’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,200 price target on shares of Renew in a report on Tuesday, September 2nd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 1,283.33.

Renew Stock Performance

Shares of LON RNWH opened at GBX 908 on Wednesday. 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 has a market capitalization of £718.75 million, a price-to-earnings ratio of 1,589.08 and a beta of 1.06. The stock’s fifty day simple moving average is GBX 821.91 and its 200 day simple moving average is GBX 788.92. Renew has a 52-week low of GBX 590.55 and a 52-week high of GBX 1,296.

About Renew