Renewi (LON:RWI) had its price objective reduced by stock analysts at Kepler Capital Markets from GBX 99 ($1.29) to GBX 77 ($1.01) in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ target price indicates a potential upside of 75.40% from the company’s current price.

RWI has been the topic of a number of other reports. Peel Hunt reissued a “buy” rating and set a GBX 87 ($1.14) price target (down from GBX 108 ($1.41)) on shares of Renewi in a report on Monday, November 5th. Berenberg Bank reissued a “hold” rating and set a GBX 75 ($0.98) price target on shares of Renewi in a report on Thursday, September 6th.

Shares of RWI traded down GBX 1.10 ($0.01) during trading hours on Tuesday, reaching GBX 43.90 ($0.57). 331,693 shares of the company’s stock traded hands, compared to its average volume of 1,510,000. Renewi has a twelve month low of GBX 78.25 ($1.02) and a twelve month high of GBX 109 ($1.42).

In other news, insider Toby Woolrych bought 45,709 shares of the firm’s stock in a transaction that occurred on Wednesday, October 3rd. The stock was acquired at an average price of GBX 54 ($0.71) per share, with a total value of £24,682.86 ($32,252.53).

Renewi Company Profile

Renewi plc provides waste-to-product services in the Netherlands, Belgium, the United Kingdom, Germany, France, Portugal, Canada, Hungary, and Luxembourg. The company operates through Commercial Waste, Hazardous Waste, Monostreams, and Municipal segments. It is involved in the collection and treatment of commercial waste; industrial cleaning and treatment of hazardous waste; and operation of waste management facilities under long-term municipal contracts, as well as waste recycling activities.

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