Jefferies Financial Group Reiterates “Hold” Rating for Octopus Renewables Infrastructure Trust (LON:ORIT)

Octopus Renewables Infrastructure Trust (LON:ORIT)‘s stock had its “hold” rating reaffirmed by stock analysts at Jefferies Financial Group in a research report issued on Tuesday,Digital Look reports.

Octopus Renewables Infrastructure Trust Stock Performance

LON:ORIT opened at GBX 60.81 on Tuesday. The firm has a market capitalization of £320.84 million, a price-to-earnings ratio of -14.38 and a beta of 0.26. Octopus Renewables Infrastructure Trust has a 52-week low of GBX 52.60 and a 52-week high of GBX 72. The stock has a fifty day moving average of GBX 63.29 and a 200 day moving average of GBX 59.43.

About Octopus Renewables Infrastructure Trust

Octopus Renewables Infrastructure Trust plc (“ORIT”) is an Impact Fund helping accelerate the transition to net zero. It is an investment company focused on providing investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of Renewable Energy Assets across Europe, the UK and Australia.