Stock analysts at Berenberg Bank started coverage on shares of Renew (LON:RNWH – Get Rating) in a research report issued to clients and investors on Monday, Marketbeat reports. The firm set a “buy” rating and a GBX 950 ($11.81) price target on the stock. Berenberg Bank’s price objective points to a potential upside of 30.85% from the stock’s current price.
Several other equities analysts have also issued reports on RNWH. Shore Capital reaffirmed a “buy” rating on shares of Renew in a report on Tuesday, May 16th. Peel Hunt reissued a “buy” rating and set a GBX 900 ($11.19) target price on shares of Renew in a research note on Tuesday, May 16th.
Renew Stock Up 1.3 %
Shares of LON RNWH opened at GBX 726 ($9.03) on Monday. The company has a debt-to-equity ratio of 10.04, a current ratio of 0.82 and a quick ratio of 0.81. The company has a market cap of £574.48 million, a P/E ratio of 1,320.00 and a beta of 0.96. Renew has a 1 year low of GBX 550 ($6.84) and a 1 year high of GBX 789 ($9.81). The firm has a 50-day simple moving average of GBX 710.64 and a two-hundred day simple moving average of GBX 706.30.
Renew Company Profile
Renew Holdings plc operates as a contractor in the field of engineering services and specialist building in the United Kingdom. The company provides services to the energy, environmental, rail, and infrastructure markets. It offers operational support and asset care; critical planned and reactive maintenance and renewals; civil, mechanical, and electrical engineering services; geotechnical and earthworks; plant, power, and signaling renewals; 24/7 emergency services; asset renewal and refurbishment; tunnel and shaft refurbishment, fencing, and devegetation; and in-house design services, as well as wireless telecoms installations; 3G, 4G, 5G, and Wi-Fi technologies; temporary sites and special events; and maintenance and decommissioning services.
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