Infinis Energy PLC Rating Reiterated by RBC Capital (INFI)
Infinis Energy PLC (LON:INFI)‘s stock had its “outperform” rating reaffirmed by RBC Capital in a research note issued on Friday. They currently have a GBX 290 ($4.94) target price on the stock. RBC Capital’s price objective would indicate a potential upside of 24.41% from the company’s current price.
Infinis Energy PLC (LON:INFI) traded down 0.60% during mid-day trading on Friday, hitting GBX 231.70. The stock had a trading volume of 332,058 shares. Infinis Energy PLC has a one year low of GBX 196.80 and a one year high of GBX 276.75. The stock’s 50-day moving average is GBX 212.8 and its 200-day moving average is GBX 235.. The company’s market cap is £695.1 million.
The company also recently declared a dividend, which is scheduled for Thursday, August 28th. Investors of record on Wednesday, July 30th will be given a dividend of GBX 6.63 ($0.11) per share. This represents a yield of 2.78%. The ex-dividend date of this dividend is Wednesday, July 30th.
A number of other firms have also recently commented on INFI. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Infinis Energy PLC in a research note on Friday, June 20th. Separately, analysts at Deutsche Bank downgraded shares of Infinis Energy PLC to a “hold” rating in a research note on Friday, June 20th. They now have a GBX 240 ($4.08) price target on the stock, up previously from GBX 220 ($3.74). Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Infinis Energy PLC in a research note on Friday, June 13th. They now have a GBX 220 ($3.74) price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 280 ($4.77).
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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