Canaccord Genuity Group upgraded shares of Invinity Energy Systems (LON:IES – Free Report) to a buy rating in a research report report published on Friday morning, Marketbeat Ratings reports. They currently have GBX 60 target price on the stock, up from their prior target price of GBX 50.
Invinity Energy Systems Stock Down 0.2%
Shares of Invinity Energy Systems stock opened at GBX 21.70 on Friday. Invinity Energy Systems has a 12-month low of GBX 15.50 and a 12-month high of GBX 40.50. The company has a quick ratio of 2.00, a current ratio of 3.81 and a debt-to-equity ratio of 3.00. The stock has a 50 day moving average price of GBX 30.29 and a two-hundred day moving average price of GBX 22.92. The stock has a market capitalization of £123.42 million, a P/E ratio of -4.25 and a beta of 1.03.
Invinity Energy Systems (LON:IES – Get Free Report) last released its quarterly earnings results on Monday, June 1st. The company reported GBX (5.10) EPS for the quarter. Invinity Energy Systems had a negative net margin of 294.48% and a negative return on equity of 39.44%. The firm had revenue of GBX 818 million during the quarter. Equities analysts expect that Invinity Energy Systems will post -9.3999995 earnings per share for the current year.
Invinity Energy Systems News Summary
- Positive Sentiment: Canaccord upgrades Invinity to Buy and raises target: Canaccord Genuity upgraded Invinity Energy Systems to “buy” and increased its price target to GBX 60 from GBX 50. The higher target implies substantial upside from recent trading levels and may support investor sentiment. Canaccord broker rating update
- Positive Sentiment: New joint broker appointed: Invinity appointed Panmure Liberum as a joint broker, alongside its existing arrangements. The company said the move is intended to strengthen market support, investor engagement, and trading liquidity—potentially improving visibility for the London-listed stock. Invinity appoints Panmure Liberum as joint broker
- Neutral Sentiment: Limited new operating data: The updates did not include new project wins, sales figures, funding details, or profitability guidance. Investors therefore may continue to focus on Invinity’s execution, cash needs, and ability to convert its vanadium flow-battery pipeline into contracted revenue. The company’s previous reported quarter showed revenue of approximately £8.18 million and a loss per share of GBX 5.10.
Invinity Energy Systems Company Profile
Invinity Energy Systems plc (AIM: IES) is a world-leading manufacturer of vanadium flow batteries for energy storage. Built in our factories in the UK and Canada, the Company’s proven, commercialised, longer duration energy storage technology has been deployed at scale and dispatched gigawatt-hours of electricity for customers across the world.
Invinity’s safe, scalable and durable battery technology is a trusted and safer alternative to lithium-ion batteries. Endurium VFBs are engineered for heavy-duty, high throughput applications, they don’t wear out, cannot catch fire and are designed to be operated for 30 years or more.
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