Wall Street Analysts See a 33.69% Upside in ReNew Energy Global (RNW): Can the Stock Really Move This High?
RNWReNew Energy plc(RNW) ZACKS·2024-06-11 22:56

Shares of ReNew Energy Global PLC (RNW) have gained 7.8% over the past four weeks to close the last trading session at 6.50,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof6.50, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 8.69 indicates a potential upside of 33.7%. The average comprises six short-term price targets ranging from a low of 7.36toahighof7.36 to a high of 10, with a standard deviation of $0.94. While the lowest estimate ind ...