Renew (LON:RNWH) Reaches New 52-Week High – Should You Buy?

Renew Holdings plc (LON:RNWH) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 989 and last traded at GBX 971, with a volume of 119541 shares. The stock had previously closed at GBX 970.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,220 target price on shares of Renew in a report on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 1,172.50.

Renew Price Performance

The company has a debt-to-equity ratio of 12.90, a current ratio of 0.91 and a quick ratio of 0.81. The company has a 50-day moving average price of GBX 917.21 and a 200-day moving average price of GBX 903.87. The firm has a market capitalization of £766.31 million, a PE ratio of 18.13 and a beta of 0.77.

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