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, Belg

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.

ILLEGAL ACTIVITY WARNING: “Credit Suisse Group Lowers Renewi PLC (RWI) to Neutral” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/13/credit-suisse-group-lowers-renewi-plc-rwi-to-neutral.html.

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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