Analysts Are Bullish on Top Utilities Stocks: ReNew Energy Global (RNW), Enlight Renewable Energy (ENLT)
There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on ReNew Energy Global (RNW – Research Report) and Enlight Renewable Energy (ENLT – Research Report) with bullish sentiments.
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ReNew Energy Global (RNW)
Roth MKM analyst Justin Clare maintained a Buy rating on ReNew Energy Global on February 17 and set a price target of $8.00. The company’s shares closed last Wednesday at $5.43, close to its 52-week low of $5.15.
According to TipRanks.com, Clare is a 5-star analyst with an average return of
Currently, the analyst consensus on ReNew Energy Global is a Moderate Buy with an average price target of $7.67, which is a 39.2% upside from current levels. In a report issued on February 17, TipRanks – Google also upgraded the stock to Buy with a $6.00 price target.
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Enlight Renewable Energy (ENLT)
Currently, the analyst consensus on Enlight Renewable Energy is a Hold with an average price target of $62.23, implying a -18.3% downside from current levels. In a report issued on February 4, TipRanks – PerPlexity also upgraded the stock to Buy with a price target.
