HC Wainwright began coverage on shares of Renewable Energy Group (NASDAQ:REGI) in a research note issued to investors on Tuesday, Benzinga reports. The firm issued a buy rating and a $35.00 price target on the oil and gas company’s stock.
A number of other equities research analysts have also issued reports on the stock. BWS Financial reissued a buy rating on shares of Renewable Energy Group in a report on Friday, September 6th. Zacks Investment Research raised shares of Renewable Energy Group from a strong sell rating to a hold rating in a research note on Wednesday, October 9th. ValuEngine upgraded shares of Renewable Energy Group from a buy rating to a strong-buy rating in a report on Tuesday. Finally, BidaskClub raised shares of Renewable Energy Group from a buy rating to a strong-buy rating in a research note on Wednesday, October 30th. One research analyst has rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. Renewable Energy Group has a consensus rating of Buy and a consensus price target of $30.75.
Shares of REGI opened at $18.17 on Tuesday. Renewable Energy Group has a 52-week low of $9.90 and a 52-week high of $29.61. The company has a quick ratio of 0.77, a current ratio of 1.43 and a debt-to-equity ratio of 0.22. The stock has a fifty day simple moving average of $16.60 and a two-hundred day simple moving average of $14.96. The company has a market capitalization of $707.98 million, a PE ratio of 2.68 and a beta of 1.23.
Renewable Energy Group Company Profile
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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