Renewi (LON:RWI) – still plenty of time to get ‘wasted’
Analyst Toby Thorrington at Edison Research in his latest note on this waste-to-product company states that the group is now in s new strategic phase to deliver a substantial increase in profitability.
He concludes that the company offers investors an environmentally friendly above-average earnings growth opportunity.
The shares are steady at just 21.75p, some 2p below my profile price, but I am still aiming at 35p.
(Profile @ 23.75p set a Target Price of 35p)