Bluefield Solar Income Fund (LON:BSIF) Given Hold Rating at Jefferies Financial Group

Bluefield Solar Income Fund (LON:BSIF)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Financial Group in a research note issued to investors on Tuesday,London Stock Exchange reports.

Bluefield Solar Income Fund Price Performance

Shares of LON BSIF opened at GBX 91.40 on Tuesday. The stock has a market capitalization of £541.16 million, a P/E ratio of -9.82 and a beta of 0.03. The company has a 50-day moving average price of GBX 81.58 and a 200-day moving average price of GBX 75.74. Bluefield Solar Income Fund has a 1 year low of GBX 65.89 and a 1 year high of GBX 98.90.

Bluefield Solar Income Fund (LON:BSIF) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported GBX 16.03 earnings per share (EPS) for the quarter. Bluefield Solar Income Fund had a negative net margin of 196.27% and a negative return on equity of 4.29%. As a group, equities research analysts anticipate that Bluefield Solar Income Fund will post 302.1632747 earnings per share for the current fiscal year.

Bluefield Solar Income Fund Company Profile

Bluefield Solar Income Fund (BSIF) is an investment company focused on the acquisition and long-term management of a diversified portfolio of low carbon assets in the UK, with a primary focus on solar assets. The fund’s initial public offering (IPO) was in July 2013, making it the first investment company focused on solar PV to be listed on the London Stock Exchange (LSE). The investment objective of the fund is to deliver long term, attractive yield via the payment of quarterly dividends.

The fund primarily targets utility scale solar assets and portfolios on greenfield, industrial and/or commercial sites.