STOCK WATCH

SHARES in engineering services firm R enew ha ve been volatile, but in the longterm steadily on the rise.

From about 379p in Oc tober last year, they closed yesterday at 415p after the board said sales w ere up 9pc and profit up 15pc.

Analysts are upbeat about the company. FinnCap has a ‘buy’ recommendation on the stock, noting its s trong track record of delivering on large, long-term projects. Numis has an ‘add’ recommendation, with a target price of 500p.