Greencoat UK Wind (UKW) Price Target Raised to GBX 145

Greencoat UK Wind (LON:UKW) had its price target hoisted by Royal Bank of Canada from GBX 135 ($1.76) to GBX 145 ($1.89) in a research note issued to investors on Thursday. Royal Bank of Canada currently has an outperform rating on the stock.

LON:UKW opened at GBX 1.38 ($0.02) on Thursday. Greencoat UK Wind has a 52 week low of GBX 1.05 ($0.01) and a 52 week high of GBX 136.60 ($1.78).

The company also recently announced a dividend, which was paid on Thursday, February 28th. Shareholders of record on Thursday, January 31st were issued a dividend of GBX 1.69 ($0.02) per share. This represents a yield of 1.25%. The ex-dividend date was Thursday, January 31st.

About Greencoat UK Wind

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.

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