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

Key Points

• Renew Holdings (LON:RNWH) has received a "buy" rating restated by Shore Capital, highlighting positive sentiment in the market.
• Berenberg Bank has also set a target price of GBX 1,200 on Renew shares, indicating strong expectations for future performance.
• The stock currently has an average rating of "Buy" with a market capitalization of £633.51 million and notable share performance indicators, including a 50-day moving average of GBX 824.48.

Renew (LON:RNWH - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Shore Capital in a report issued on Friday,Digital Look reports.

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 1,200 target price on shares of Renew in a research note on Tuesday, September 2nd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of GBX 1,200.

Renew Stock Performance

Shares of RNWH stock opened at GBX 800.32 on Friday. The company has a debt-to-equity ratio of 37.10, a current ratio of 0.93 and a quick ratio of 0.81. The stock has a market cap of £633.51 million, a PE ratio of 1,400.63 and a beta of 1.06. The stock has a 50-day moving average of GBX 824.48 and a 200-day moving average of GBX 773.61. Renew has a one year low of GBX 590.55 and a one year high of GBX 1,296.

About Renew

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