Greencoat UK Wind (LON:UKW) Price Target Raised to GBX 200 at Royal Bank of Canada

Greencoat UK Wind (LON:UKW – Get Rating) had its price objective hoisted by stock analysts at Royal Bank of Canada from GBX 170 ($2.12) to GBX 200 ($2.50) in a report issued on Friday, MarketBeat reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 28.53% from the stock’s current price.

Greencoat UK Wind stock opened at GBX 155.60 ($1.94) on Friday. The stock has a market cap of £3.61 billion and a price-to-earnings ratio of 8.50. The company has a debt-to-equity ratio of 30.71, a current ratio of 1.18 and a quick ratio of 1.17. The firm has a 50 day simple moving average of GBX 154.08 and a 200-day simple moving average of GBX 143.99. Greencoat UK Wind has a 1-year low of GBX 126.60 ($1.58) and a 1-year high of GBX 160.60 ($2.01).

Greencoat UK Wind Company Profile (Get Rating)

Greencoat UK Wind PLC specializes in renewables infrastructure investments in energy, wind generation assets and onshore and offshore wind farm projects with a capacity of over 10 megawatt. For offshore wind farms, the fund seeks to invest 40% of the Gross Asset Value at acquisition and where a utility company retains an equity interest for a lock-up period.

Featured Stories