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ReNew Energy Global PLC has a consensus price target of $8.96 based on the ratings of 6 analysts. The high is $13 issued by Credit Suisse on July 12, 2023. The low is $6 issued by B of A Securities on June 2, 2023. The 3 most-recent analyst ratings were released by Roth MKM on August 19, 2024, June 7, 2024, and April 11, 2024, respectively. With an average price target of $8.33 between Roth MKM, there's an implied 23.82% upside for ReNew Energy Global PLC from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for ReNew Energy Glb (NASDAQ:RNW) was reported by Roth MKM on August 19, 2024. The analyst firm set a price target for $8.00 expecting RNW to rise to within 12 months (a possible 18.87% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for ReNew Energy Glb (NASDAQ:RNW) was provided by Roth MKM, and ReNew Energy Glb maintained their buy rating.
There is no last upgrade for ReNew Energy Glb
The last downgrade for ReNew Energy Global PLC happened on July 12, 2023 when Credit Suisse changed their price target from $14.5 to $13 for ReNew Energy Global PLC.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ReNew Energy Glb, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ReNew Energy Glb was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.
While ratings are subjective and will change, the latest ReNew Energy Glb (RNW) rating was a maintained with a price target of $9.00 to $8.00. The current price ReNew Energy Glb (RNW) is trading at is $6.73, which is out of the analyst’s predicted range.
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