Renewi PLC 55.9% potential upside indicated by Peel Hunt Limited

Renewi PLC with ticker (LON:RWI) now has a potential upside of 55.9% according to Peel Hunt Limited.



Peel Hunt Limited set a target price of 920 GBX for the company, which when compared to the Renewi PLC share price of 590 GBX at opening today (18/04/2023) indicates a potential upside of 55.9%. Trading has ranged between 480 (52 week low) and 853 (52 week high) with an average of 103,710 shares exchanging hands daily. The market capitalisation at the time of writing is £490,171,059.

Renewi PLC is a United Kingom based waste-to-product company. Its market is divided into three segments: Industrial and Commercial (I&C); Domestic; and Construction and Demolition (C&D). The I&C segment meets the needs of specific markets, sectors and businesses covering the broader activities of the local economy, including hospitals, factories, offices, shops and restaurants. The C&D segment is at the core of the Company’s activity in the Netherlands and arises from infrastructure, commercial and residential construction. It operates several specific business lines. These include the collection, separation and aggregation for treatment of small-packed hazardous waste, such as batteries, paint and out-of-date pharmaceuticals, among others. The domestic segment provides clean and efficient ‘hands and wheels’ services in door-to-door municipal collection.