Greencoat Uk Wind (LON:UKW) Rating Reaffirmed
London: In a comprehensive report shared with investors on Monday morning, RBC Capital Markets kept steady their “Outperform” rating on Greencoat Uk Wind (LON:UKW) shares. They now have a GBX 115.00 target PPS on the firm. RBC Capital Markets’s target would now indicate a potential upside of 7.98% from the company’s current price.
Approximately 267,603 shares of stock traded hands. Greencoat UK Wind PLC (LON:UKW) has risen 4.10% since May 6, 2015 and is uptrending. It has outperformed by 5.18% the S&P500.
Greencoat UK Wind PLC is an investment company. The company has a market cap of 539.02 million GBP. The Fund’s investment objective is to provide investors with an annual dividend that increases in line with RPI inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow and the prudent use of portfolio leverage. It has 16.7 P/E ratio. The Fund invests in unlevered operating United Kingdom wind farms predominantly with a capacity of over 10 megawatts, which sell the power, produced and associated green benefits to United Kingdom off takers.