Renewi (LON:RWI) Earns “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Renewi (LON:RWI) in a report released on Tuesday, LSE.Co.UK reports. The firm currently has a GBX 60 ($0.78) price target on the stock.

Separately, Peel Hunt restated a buy rating and set a GBX 60 ($0.78) price target on shares of Renewi in a research report on Friday, September 27th.

Shares of RWI traded down GBX 0.15 ($0.00) during mid-day trading on Tuesday, hitting GBX 32.15 ($0.42). 185,388 shares of the company’s stock were exchanged, compared to its average volume of 1,510,000. The company has a current ratio of 0.70, a quick ratio of 0.43 and a debt-to-equity ratio of 218.40. Renewi has a fifty-two week low of GBX 18.98 ($0.25) and a fifty-two week high of GBX 61 ($0.80). The firm has a market capitalization of $257.25 million and a P/E ratio of -5.64. The business’s 50 day moving average is GBX 30.79 and its two-hundred day moving average is GBX 29.73.

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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