Renew (LON:RNWH) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Renew (LON:RNWH)‘s stock had its “buy” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a report issued on Wednesday,London Stock Exchange reports. They presently have a GBX 1,220 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 33.77% from the stock’s current price.

Other equities analysts have also issued reports about the company. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 850 price target (down from GBX 1,350) on shares of Renew in a report on Wednesday, April 1st. Berenberg Bank restated a “buy” rating and issued a GBX 1,320 target price on shares of Renew in a research note on Wednesday, April 1st. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Renew presently has an average rating of “Buy” and an average target price of GBX 1,172.50.

Renew Stock Performance

LON:RNWH opened at GBX 912 on Wednesday. The company has a market capitalization of £721.98 million, a P/E ratio of 14.79 and a beta of 0.78. The company has a debt-to-equity ratio of 11.50, a current ratio of 0.88 and a quick ratio of 0.81. The business has a fifty day simple moving average of GBX 903.65 and a two-hundred day simple moving average of GBX 911.57. Renew has a 1 year low of GBX 772 and a 1 year high of GBX 978.

Renew (LON:RNWH) last announced its quarterly earnings results on Tuesday, May 12th. The company reported GBX 30.90 EPS for the quarter. Renew had a net margin of 4.52% and a return on equity of 21.11%. The company had revenue of £574.29 million for the quarter.

Renew Company Profile