Renew Holdings plc (LON:RNWH – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 900.38 and traded as low as GBX 888. Renew shares last traded at GBX 903, with a volume of 93,109 shares traded.
Analysts Set New Price Targets
Several analysts have commented on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,320 target price on shares of Renew in a research note on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,220 price target on shares of Renew in a research note on Wednesday, May 13th. Finally, Shore Capital Group restated a “buy” rating and set a GBX 850 price objective (down from GBX 1,350) on shares of Renew in a report on Wednesday, April 1st. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 1,172.50.
Renew Stock Performance
Renew (LON:RNWH – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported GBX 30.90 earnings per share (EPS) for the quarter. Renew had a net margin of 3.81% and a return on equity of 17.24%. The business had revenue of £574.29 million for the quarter.
Renew Company Profile
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