Jefferies Financial Group restated their hold rating on shares of The Renewables Infrastructure Group (LON:TRIG – Free Report) in a research note published on Friday,Digital Look reports.
The Renewables Infrastructure Group Price Performance
Shares of TRIG stock opened at GBX 76.10 on Friday. The business’s 50 day simple moving average is GBX 73.83 and its 200 day simple moving average is GBX 69.96. The Renewables Infrastructure Group has a one year low of GBX 63.20 and a one year high of GBX 86.20. The stock has a market capitalization of £1.78 billion, a PE ratio of -14.09 and a beta of 0.38.
The Renewables Infrastructure Group Company Profile
TRIG completed its IPO in 2013 raising £300m and is a member of the FTSE250 index. The Company develops, constructs and operates a portfolio of renewable energy infrastructure that creates value for its shareholders and generates secure, clean electricity that benefits both society and the environment.
The Company’s diversified portfolio includes onshore and offshore wind farms, solar parks and battery storage projects in the UK and mainland Europe.
TRIG’s strategy is focused on delivering capital growth and attractive, income-based returns supported by strong cash generation and a positive link to inflation.
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