Infinis Energy PLC Receives Buy Rating from Beaufort Securities (INFI)
Infinis Energy PLC (LON:INFI) traded up 1.18% during mid-day trading on Friday, hitting GBX 240.30. The stock had a trading volume of 361,800 shares. Infinis Energy PLC has a 1-year low of GBX 196.80 and a 1-year high of GBX 276.75. The stock has a 50-day moving average of GBX 211.2 and a 200-day moving average of GBX 236.0. The company’s market cap is £720.9 million.
The company also recently announced a dividend, which is scheduled for Thursday, August 28th. Stockholders of record on Wednesday, July 30th will be paid a dividend of GBX 6.63 ($0.11) per share. This represents a dividend yield of 2.78%. The ex-dividend date is Wednesday, July 30th.
A number of other analysts have also recently weighed in on INFI. Analysts at Deutsche Bank downgraded shares of Infinis Energy PLC to a “hold” rating in a research note on Friday. They now have a GBX 240 ($4.07) price target on the stock, up previously from GBX 220 ($3.73). Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Infinis Energy PLC in a research note on Friday, May 30th. They now have a GBX 280 ($4.75) price target on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Infinis Energy PLC has an average rating of “Buy” and an average target price of GBX 276.67 ($4.70).
Infinis Energy plc is an independent renewable energy generator in the United Kingdom and the generator of renewable energy markets produced under the RO regime in the United Kingdom.
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