Renewi (LON:RWI) Earns Buy Rating from Peel Hunt

Renewi (LON:RWI)‘s stock had its “buy” rating reissued by equities researchers at Peel Hunt in a research report issued to clients and investors on Thursday, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt restated a “buy” rating and issued a GBX 60 ($0.78) target price on shares of Renewi in a research report on Tuesday, October 1st.

LON:RWI opened at GBX 30.17 ($0.39) on Thursday. Renewi has a 52 week low of GBX 18.98 ($0.25) and a 52 week high of GBX 55.10 ($0.72). The company has a quick ratio of 0.43, a current ratio of 0.70 and a debt-to-equity ratio of 218.40. The company has a market capitalization of $241.40 million and a P/E ratio of -5.29. The stock’s fifty day moving average is GBX 30.96 and its two-hundred day moving average is GBX 30.90.

About Renewi

Renewi plc provides waste-to-product services in the Netherlands, Belgium, the United Kingdom, Germany, France, Portugal, Canada, Hungary, and Luxembourg. The company operates through Commercial Waste, Hazardous Waste, Monostreams, and Municipal segments. It is involved in the collection and treatment of commercial waste; industrial cleaning and treatment of hazardous waste; and operation of waste management facilities under long-term municipal contracts, as well as waste recycling activities.

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