Renew (LON:RNWH) Sets New 52-Week High – Time to Buy?

Renew Holdings plc (LON:RNWH) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 979 and last traded at GBX 959.56, with a volume of 2272 shares traded. The stock had previously closed at GBX 961.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,220 price objective on shares of Renew in a research note on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Renew currently has a consensus rating of “Buy” and an average target price of GBX 1,172.50.

Renew Price Performance

The firm has a market capitalization of £758.39 million, a PE ratio of 17.95 and a beta of 0.77. The company has a debt-to-equity ratio of 12.90, a quick ratio of 0.81 and a current ratio of 0.91. The stock has a fifty day moving average price of GBX 907.99 and a 200-day moving average price of GBX 903.04.

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