Renew (LON:RNWH) Given "Buy" Rating at Peel Hunt

Key Points

• Renew's stock received a reaffirmed "buy" rating from Peel Hunt, with a target price of GBX 1,300, indicating a potential upside of 39.48% from its previous close.
• Three research analysts have rated Renew with a "buy" rating, giving it an average price target of GBX 1,283.33.
• The company's shares opened at GBX 932, with a market cap of £737.74 million and a price-to-earnings ratio of 1,631.08.

Renew (LON:RNWH - Get Free Report)'s stock had its "buy" rating reiterated by Peel Hunt in a report released on Monday, MarketBeat Ratings reports. They currently have a GBX 1,300 target price on the stock. Peel Hunt's target price indicates a potential upside of 39.48% from the company's previous close.

Other research analysts have also recently issued reports about the stock. Berenberg Bank reissued a "buy" rating and set a GBX 1,200 price objective on shares of Renew in a report on Tuesday, September 2nd. Shore Capital restated a "buy" rating and issued a GBX 1,350 price target on shares of Renew in a research note on Wednesday, October 1st. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of GBX 1,283.33.

Renew Price Performance

Shares of LON:RNWH opened at GBX 932 on Monday. The company has a debt-to-equity ratio of 37.10, a quick ratio of 0.81 and a current ratio of 0.93. The firm has a market cap of £737.74 million, a price-to-earnings ratio of 1,631.08 and a beta of 1.06. The business has a 50-day simple moving average of GBX 832.01 and a two-hundred day simple moving average of GBX 800.17. Renew has a fifty-two week low of GBX 590.55 and a fifty-two week high of GBX 1,296.

About Renew

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