Sequoia Economic Infrastructure Inc (LON:SEQI – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 86 and last traded at GBX 85.80, with a volume of 3217545 shares. The stock had previously closed at GBX 84.70.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Sequoia Economic Infrastructure in a research note on Friday, April 17th. Canaccord Genuity Group reissued a “hold” rating and set a GBX 81 target price on shares of Sequoia Economic Infrastructure in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 81.
Read Our Latest Stock Analysis on Sequoia Economic Infrastructure
Sequoia Economic Infrastructure Stock Performance
Sequoia Economic Infrastructure (LON:SEQI – Get Free Report) last issued its quarterly earnings results on Thursday, June 11th. The company reported GBX 6.83 EPS for the quarter. The company had revenue of £126.69 million for the quarter. Sequoia Economic Infrastructure had a return on equity of 7.39% and a net margin of 83.60%.
Sequoia Economic Infrastructure Company Profile
Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment. Its investment objective is to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments.
Recommended Stories
- Five stocks we like better than Sequoia Economic Infrastructure
- Broadcom’s $200 Billion Samsung Deal Shows How Costly the AI Memory Race Has Become
- 3 Refiners Benefiting From Oil Volatility and Tight Fuel Supply
- Carrier Earnings Could Send the Stock to a New All-Time High
- 3 Unique AI Software Plays With Strong Analyst Support
Receive News & Ratings for Sequoia Economic Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sequoia Economic Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.
