A Reversal for Renew Holdings Plc Is Not Near. The Stock Rises Again

 A Reversal for Renew Holdings Plc Is Not Near. The Stock Rises Again

The stock of Renew Holdings Plc (LON:RNWH) is a huge mover today! The stock decreased 2.96% or GBX 12.25 on November 28, hitting GBX 401. About 305,395 shares traded hands or 278.12% up from the average. Renew Holdings Plc (LON:RNWH) has risen 9.04% since April 29, 2016 and is uptrending. It has outperformed by 3.02% the S&P500.
The move comes after 6 months positive chart setup for the GBX 249.89M company. It was reported on Nov, 28 by Barchart.com. We have GBX 437.09 PT which if reached, will make LON:RNWH worth GBX 22.49 million more.

Renew Holdings Plc (LON:RNWH) Ratings Coverage

Out of 2 analysts covering Renew Holdings (LON:RNWH), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 450 is the highest target while GBX 390 is the lowest. The GBX 445 average target is 10.97% above today’s (GBX 401) stock price. Renew Holdings has been the topic of 7 analyst reports since November 23, 2015 according to StockzIntelligence Inc. The firm has “Add” rating by Numis Securities given on Tuesday, November 1. The company was maintained on Monday, November 23 by WH Ireland. The firm has “Buy” rating given on Wednesday, January 27 by WH Ireland. Numis Securities maintained Renew Holdings Plc (LON:RNWH) rating on Tuesday, November 24. Numis Securities has “Add” rating and GBX 390 price target. On Tuesday, November 22 the stock rating was maintained by Numis Securities with “Add”. The firm has “Add” rating by Numis Securities given on Tuesday, May 24. Numis Securities maintained the shares of RNWH in a report on Friday, April 22 with “Add” rating.

More news for Renew Holdings Plc (LON:RNWH) were recently published by: Uk.Finance.Yahoo.com, which released: “Renew Holdings plc (RNWH.L)” on March 29, 2014. Fool.Co.Uk‘s article titled: “Are Sirius Minerals plc, SafeCharge International Group Ltd and Renew Holdings …” and published on June 20, 2016 is yet another important article.

Renew Holdings plc provides multidisciplinary engineering services. The company has a market cap of 249.89 million GBP. The Company’s divisions include Engineering Services and Specialist Building. It has a 17.72 P/E ratio. The Engineering Services comprises the Company’s engineering activities, which are characterized by the use of the Company’s engineering workforce, supplemented by specialist subcontractors where appropriate, in a range of civil, mechanical and electrical engineering applications.

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