Deutsche Bank Aktiengesellschaft Increases Renew (LON:RNWH) Price Target to GBX 1,220

Renew (LON:RNWH) had its price objective upped by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 1,200 to GBX 1,220 in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 28.42% from the company’s previous close.

RNWH has been the subject of several other research reports. Shore Capital reissued a “buy” rating and set a GBX 1,350 price objective on shares of Renew in a research report on Tuesday. Peel Hunt reiterated a “buy” rating and issued a GBX 1,300 price target on shares of Renew in a research note on Tuesday. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 1,200 price target on shares of Renew in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 1,267.50.

Renew Price Performance

RNWH stock remained flat at GBX 950 during trading on Tuesday. 417,882 shares of the company were exchanged, compared to its average volume of 253,622. Renew has a 12 month low of GBX 590.55 and a 12 month high of GBX 1,084. The stock has a market cap of £751.99 million, a P/E ratio of 16.63 and a beta of 1.06. The business’s 50 day moving average price is GBX 900.41 and its 200 day moving average price is GBX 851.38. The company has a debt-to-equity ratio of 37.10, a quick ratio of 0.81 and a current ratio of 0.93.

Renew (LON:RNWH) last posted its quarterly earnings data on Tuesday, November 25th. The company reported GBX 67.10 earnings per share for the quarter. Renew had a return on equity of 22.35% and a net margin of 4.45%.

Renew Company Profile