Renew Holdings Plc 16.8% potential upside indicated by Berenberg Bank

Renew Holdings Plc with ticker (LON:RNWH) now has a potential upside of 16.8% according to Berenberg Bank.

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Berenberg Bank set a target price of 1,250 GBX for the company, which when compared to the Renew Holdings Plc share price of 1,070 GBX at opening today (01/07/2024) indicates a potential upside of 16.8%. Trading has ranged between 672 (52 week low) and 1,100 (52 week high) with an average of 138,669 shares exchanging hands daily. The market capitalisation at the time of writing is £859,063,121.

Renew Holdings plc is a United Kingdom-based company, offering engineering services business. The Company operates through two segments: Engineering Services, and Specialist Building. The Engineering Services segment focuses on the key markets of rail, infrastructure, energy (including nuclear) and environmental, which are governed by regulations. It is a provider of infrastructure services to the rail network nationally and supports its day-to-day operations. The Specialist Building segment is focused on the residential, landmark, and science markets in London and the Home Counties. It delivers a range of services, including civil asset management, fencing, de-vegetation, drainage and electrification services. It is engaged in nuclear manufacturing and fabrication. The Company is engaged in providing solutions for bridge deck maintenance and protection. It also specializes in the provision of high voltage and extra high voltage infrastructure to the United Kingdom electricity sector.