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ReNew Energy Global - RNW Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $9.00
  • Forecasted Upside: 30.43%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$6.90 As of 12/20/2024 06:31 PM ET
▼ -0.07 (-1.00%)

This chart shows the closing price for RNW by one month, three months, or twelve months.

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Analyst Price Target for RNW

Analyst Price Target is $9.00
▲ +30.43% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for ReNew Energy Global in the last 3 months. The average price target is $9.00, with a high forecast of $10.00 and a low forecast of $8.00. The average price target represents a 30.43% upside from the last price of $6.90.

This chart shows the closing price for RNW for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 3 investment analysts is to moderate buy stock in ReNew Energy Global. This rating has held steady since September 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/26/2024Morgan StanleyDowngradeOverweight ➝ Equal Weight
8/19/2024Roth MkmLower TargetBuy ➝ Buy$9.00 ➝ $8.00
6/7/2024Roth MkmReiterated RatingBuy ➝ Buy$8.00 ➝ $9.00
4/11/2024Roth MkmLower TargetBuy ➝ Buy$9.00 ➝ $8.00
1/3/2024MizuhoBoost TargetBuy ➝ Buy$8.00 ➝ $10.00
12/20/2023The Goldman Sachs GroupBoost TargetBuy ➝ Buy$7.00 ➝ $8.00
11/22/2023Roth MkmReiterated RatingBuy ➝ Buy$9.00
11/21/2023MizuhoInitiated CoverageBuy$8.00
8/22/2023HSBCLower TargetBuy ➝ Buy$9.00 ➝ $8.75
6/16/2023Bank of AmericaBoost Target$6.00 ➝ $7.00
6/2/2023Bank of AmericaLower Target$7.00 ➝ $6.00
5/15/2023Credit Suisse GroupUpgradeNeutral ➝ Outperform
2/1/2023Credit Suisse GroupDowngradeOutperform ➝ Neutral
1/12/2022Royal Bank of CanadaUpgradeOutperform$22.00
12/6/2021The Goldman Sachs GroupInitiated CoverageBuy
10/28/2021Bank of AmericaUpgradeNeutral ➝ Buy$11.00 ➝ $12.00
10/11/2021Bank of AmericaInitiated CoverageNeutral$11.00
10/5/2021Morgan StanleyInitiated CoverageOverweight
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.17 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 7 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 6 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 9 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 6 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 11 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 11 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

ReNew Energy Global logo
ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.
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Today's Range

Now: $6.90
Low: $6.78
High: $7.07

50 Day Range

MA: $6.02
Low: $5.22
High: $7.46

52 Week Range

Now: $6.90
Low: $5.15
High: $7.79

Volume

2,459,936 shs

Average Volume

930,370 shs

Market Capitalization

$2.50 billion

P/E Ratio

115.02

Dividend Yield

N/A

Beta

0.96

Frequently Asked Questions

What sell-side analysts currently cover shares of ReNew Energy Global?

The following Wall Street sell-side analysts have issued reports on ReNew Energy Global in the last year: Mizuho, Morgan Stanley, and Roth Mkm.
View the latest analyst ratings for RNW.

What is the current price target for ReNew Energy Global?

0 Wall Street analysts have set twelve-month price targets for ReNew Energy Global in the last year. Their average twelve-month price target is $9.00, suggesting a possible upside of 30.4%. Mizuho has the highest price target set, predicting RNW will reach $10.00 in the next twelve months. Roth Mkm has the lowest price target set, forecasting a price of $8.00 for ReNew Energy Global in the next year.
View the latest price targets for RNW.

What is the current consensus analyst rating for ReNew Energy Global?

ReNew Energy Global currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for RNW.

What other companies compete with ReNew Energy Global?

Other companies that are similar to ReNew Energy Global include Companhia de Saneamento Básico do Estado de São Paulo - SABESP, Korea Electric Power, DT Midstream, Kinetik and Brookfield Renewable Partners. Learn More about companies similar to ReNew Energy Global.

How do I contact ReNew Energy Global's investor relations team?

ReNew Energy Global's physical mailing address is 50 WEST STREET SUITE 40C, NEW YORK NY, 10006. The company's listed phone number is 124-489-6670 and its investor relations email address is [email protected]. The official website for ReNew Energy Global is www.rmgacquisition.com. Learn More about contacing ReNew Energy Global investor relations.