Renew (LON:RNWH) Hits New 52-Week High – Time to Buy?

Renew Holdings plc (LON:RNWH – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as GBX 1,086 and last traded at GBX 1,086, with a volume of 72,561 shares trading hands. The stock had previously closed at GBX 1,060.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upped their price target on shares of Renew from GBX 1,220 to GBX 1,260 and gave the stock a “buy” rating in a research report on Thursday, October 29th. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 1,182.50.

Check Out Our Latest Report on Renew

Renew Price Performance

The firm has a market capitalization of £840.72 million, a P/E ratio of 19.90 and a beta of 0.80. The business has a fifty day moving average of GBX 954.76 and a 200-day moving average of GBX 918.22. The company has a debt-to-equity ratio of 12.90, a quick ratio of 0.81 and a current ratio of 0.91.

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