Renewable Energy Group (NASDAQ:REGI) was upgraded by equities researchers at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday, ValuEngine reports.
Several other research analysts also recently issued reports on the company. Zacks Investment Research raised Renewable Energy Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 9th. BWS Financial reissued a “buy” rating on shares of Renewable Energy Group in a research note on Friday, September 6th. Finally, BidaskClub raised Renewable Energy Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. Renewable Energy Group presently has an average rating of “Buy” and a consensus target price of $29.33.
NASDAQ:REGI opened at $17.26 on Tuesday. The stock’s fifty day moving average price is $16.55 and its two-hundred day moving average price is $14.96. Renewable Energy Group has a 52-week low of $9.90 and a 52-week high of $29.61. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.77 and a current ratio of 1.43. The company has a market cap of $672.32 million, a price-to-earnings ratio of 2.54 and a beta of 1.23.
About Renewable Energy Group
Renewable Energy Group, Inc produces cleaner and lower carbon transportation fuels. The company utilizes an integrated production, distribution, and logistics system to convert natural fats, oils, and greases into advanced biofuels. It operates through Biomass-Based Diesel, Services, and Corporate and Other segments.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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