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.
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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