Based on the Renew Energy Global PLC stock forecast from 2 analysts, the average analyst target price for Renew Energy Global PLC is USD 7.66 over the next 12 months. Renew Energy Global PLC’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Renew Energy Global PLC is Slightly Bullish , which is based on 9 positive signals and 6 negative signals. At the last closing, Renew Energy Global PLC’s stock price was USD 6.70. Renew Energy Global PLC’s stock price has changed by +0.00% over the past week, -2.90% over the past month and +0.75% over the last year.
No recent analyst target price found for Renew Energy Global PLC
No recent average analyst rating found for Renew Energy Global PLC
Company Overview Renew Energy Global PLC
ReNew Energy Global Plc, together with its subsidiaries, generates power through non-conventional and renewable energy sources in India. It operates through four segments: Wind Power, Solar Power, Hydro Power, and Transmission Line. The company develops and owns utility scale wind and solar energy projects, wind and solar energy projects, and utility-scale firm power projects. It had a total operational capacity of 9.52 GW, out of which 8.87 GW is commissioned and 650 MW, and an additional 6.1 GW of committed capacity. In addition, the company provides operation and maintenance services; consultancy services; and engineering, procurement, and construction services. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom. Read Less
ReNew Energy Global Plc, together with its subsidiaries, generates power through non-conventional and renewable energy sources in India. It operates through four segments: Wind Power, Solar Power, Hydro Power, and Transmission Line. The company develops and owns utility scale win...Read More
Frequently Asked Questions About Renew Energy Global PLC (RNW) Stock
Based on ratings from 2 analysts Renew Energy Global PLC's stock is Buy . Stock Target Advisor's fundamental analysis is Slightly Bullish . The stock has 1 buy, sell and 1 hold ratings.
Unfortunately we do not have enough data on RNW's stock to indicate if its a good dividend stock.
Based on targets from 2 analysts, the average taret price for RNW is USD 7.66 over the next 12 months. The maximum analyst target price is USD 8 while the minimum anlayst target price is USD 7.31.
RNW stock's Price/Earning ratio is 112.50.
Our analysis grades RNW stock's Price / Earning ratio at F. This means that RNW stock's Price/Earning ratio is above 71% of the stocks in the Utilities - Renewable sector in the NSD exchange.
Based on this RNW may be a overvalued for its sector.
The last closing price of RNW's stock was USD 6.70.
The most recent market capitalization for RNW is USD 2.45B.
Based on targets from 2 analysts, the average taret price for RNW is projected at USD 7.66 over the next 12 months.
This means that RNW's stock price may go up by +14.25% over the next 12 months.
We can't find any ETFs which contains Renew Energy Global PLC's stock.
As per our most recent records Renew Energy Global PLC has 3,988 Employees.
Renew Energy Global PLC's registered address is 50, Broadway, London, United Kingdom, SW1H 0DB.
You can get more information about it from Renew Energy Global PLC's website at https://www.renew.com.
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Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Low volatility
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
Underpriced compared to book value
The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior return on assets
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
High Gross Profit to Asset Ratio
This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
What not to like
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Frequently Asked Questions About Renew Energy Global PLC (RNW) Stock
Based on ratings from 2 analysts Renew Energy Global PLC's stock is Buy . Stock Target Advisor's fundamental analysis is Slightly Bullish . The stock has 1 buy, sell and 1 hold ratings.
Unfortunately we do not have enough data on RNW's stock to indicate if its a good dividend stock.
Based on targets from 2 analysts, the average taret price for RNW is USD 7.66 over the next 12 months. The maximum analyst target price is USD 8 while the minimum anlayst target price is USD 7.31.
RNW stock's Price/Earning ratio is 112.50.
Our analysis grades RNW stock's Price / Earning ratio at F. This means that RNW stock's Price/Earning ratio is above 71% of the stocks in the Utilities - Renewable sector in the NSD exchange.
Based on this RNW may be a overvalued for its sector.
The last closing price of RNW's stock was USD 6.70.
The most recent market capitalization for RNW is USD 2.45B.
Based on targets from 2 analysts, the average taret price for RNW is projected at USD 7.66 over the next 12 months.
This means that RNW's stock price may go up by +14.25% over the next 12 months.
We can't find any ETFs which contains Renew Energy Global PLC's stock.
As per our most recent records Renew Energy Global PLC has 3,988 Employees.
Renew Energy Global PLC's registered address is 50, Broadway, London, United Kingdom, SW1H 0DB.
You can get more information about it from Renew Energy Global PLC's website at https://www.renew.com.
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