Greencoat UK Wind’s (UKW) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Greencoat UK Wind (LON:UKW) in a research report report published on Thursday morning,London Stock Exchange reports.

Separately, Jefferies Financial Group restated a “buy” rating on shares of Greencoat UK Wind in a report on Friday, October 16th. Two investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Greencoat UK Wind has a consensus rating of “Buy”.

Greencoat UK Wind Trading Down 0.4%

UKW opened at GBX 119 on Thursday. The firm has a market cap of £2.57 billion, a PE ratio of 290.24 and a beta of 0.35. Greencoat UK Wind has a twelve month low of GBX 92.20 and a twelve month high of GBX 120.50. The company has a debt-to-equity ratio of 58.38, a quick ratio of 14.31 and a current ratio of 0.59. The firm’s fifty day moving average is GBX 112.92 and its two-hundred day moving average is GBX 104.14.

Greencoat UK Wind (LON:UKW) last posted its earnings results on Thursday, July 30th. The company reported GBX 5.89 EPS for the quarter. Greencoat UK Wind had a return on equity of 0.24% and a net margin of 1.60%. Equities research analysts anticipate that Greencoat UK Wind will post 14.42 EPS for the current year.

Greencoat UK Wind Company Profile

Greencoat UK Wind PLC specializes in renewables infrastructure investments in energy, wind generation assets and onshore and offshore wind farm projects with a capacity of over 10 megawatt. For offshore wind farms, the fund seeks to invest 40% of the Gross Asset Value at acquisition and where a utility company retains an equity interest for a lock-up period. The fund ensures that the total of short-term acquisition financing and long-term debt is between zero and 40% of Gross Asset Value at any time, with average total debt being between 20% and 30% in the longer term.