Renew Holdings Plc 21.1% potential upside indicated by Berenberg Bank

Renew Holdings Plc with ticker (LON:RNWH) now has a potential upside of 21.1% according to Berenberg Bank.



Berenberg Bank set a target price of 1,000 GBX for the company, which when compared to the Renew Holdings Plc share price of 826 GBX at opening today (12/12/2023) indicates a potential upside of 21.1%. Trading has ranged between 650 (52 week low) and 842 (52 week high) with an average of 134,085 shares exchanging hands daily. The market capitalisation at the time of writing is £648,863,074.

Renew Holdings plc is a United Kingdom-based engineering services company. The Company operates through two segments: Engineering Services, and Specialist Building. The Engineering Services segment focuses on the markets of rail, infrastructure, energy (including nuclear) and environmental, which are governed by regulations. The Company is a provider of infrastructure services to the rail network nationally, and supports its day-to-day operations by providing essential, non-discretionary asset maintenance activities. The Specialist Building segment is focused on the residential, landmark and science markets in London and the Home Counties. The Company delivers a range of services, including civil asset management, fencing, de-vegetation, drainage and electrification services. The Company delivers specialist engineering services, including civil infrastructure, specialist drainage, lighting and electricals. The Company is also engaged in nuclear manufacturing and fabrication.