Credit Suisse Group Lowers Renewi PLC (RWI) to Neutral
Renewi PLC (LON:RWI) was downgraded by Credit Suisse Group to a “neutral” rating in a research note issued on Friday. They presently have a GBX 105 ($1.38) price target on the stock, up from their prior price target of GBX 100 ($1.31). Credit Suisse Group’s price target suggests a potential upside of 0.57% from the company’s previous close.
A number of other research analysts have also commented on RWI. Barclays PLC cut their price target on Renewi PLC from GBX 95 ($1.25) to GBX 88 ($1.16) and set an “equal weight” rating for the company in a report on Friday, June 30th. Peel Hunt reiterated a “buy” rating and set a GBX 110 ($1.45) price target on shares of Renewi PLC in a report on Thursday, July 13th.
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About Renewi PLC
Renewi plc, formerly Shanks Group plc, is a waste-to-product company. The Company operates through five business divisions: Netherlands Commercial, Belgium Commercial, Hazardous Waste, Monostreams and Municipal. The Netherlands Commercial division is engaged in collecting, sorting, treating and recycling commercial and household waste in the Netherlands.
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