Renewi plc (LON:RWI – Get Free Report)’s stock price was down 0.8% during mid-day trading on Tuesday . The company traded as low as GBX 632 ($8.27) and last traded at GBX 636 ($8.32). Approximately 33,592 shares traded hands during trading, a decline of 81% from the average daily volume of 177,160 shares. The stock had previously closed at GBX 641 ($8.39).
Analysts Set New Price Targets
Separately, Berenberg Bank reissued a “buy” rating and set a GBX 710 ($9.29) target price on shares of Renewi in a research note on Tuesday, August 6th.
Read Our Latest Analysis on Renewi
Renewi Stock Performance
Insider Transactions at Renewi
In other news, insider Otto de Bont sold 9,205 shares of Renewi stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of GBX 659 ($8.62), for a total value of £60,660.95 ($79,388.76). 10.85% of the stock is currently owned by company insiders.
About Renewi
Renewi plc, together with its subsidiaries, provides waste-to-product services. The company operates through Commercial Waste, Mineralz & Water, and Specialities segments. The Commercial Waste segment engages in the collection and treatment of commercial waste in the Netherlands and Belgium; and processing of wood, aggregates, plastics, paper products, and organic waste.
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