Shore Capital Reiterates Buy Rating for Renew (LON:RNWH)

Shore Capital reissued their buy rating on shares of Renew (LON:RNWHFree Report) in a research report released on Wednesday morning, Marketbeat.com reports. Shore Capital currently has a GBX 1,350 target price on the stock.

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

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Renew Stock Up 1.3%

Renew stock opened at GBX 920 on Wednesday. Renew has a 1-year low of GBX 590.55 and a 1-year high of GBX 1,296. The firm has a market capitalization of £728.24 million, a price-to-earnings ratio of 1,610.08 and a beta of 1.06. The firm’s fifty day moving average price is GBX 823.83 and its two-hundred day moving average price is GBX 790.46. The company has a current ratio of 0.93, a quick ratio of 0.81 and a debt-to-equity ratio of 37.10.

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