International Public Partnerships Ltd (INPP) Given “Outperform” Rating at Macquarie
Macquarie reiterated their outperform rating on shares of International Public Partnerships Ltd (LON:INPP) in a research report released on Wednesday morning. They currently have a GBX 170 ($2.10) target price on the stock.
Shares of International Public Partnerships (LON:INPP) opened at 159.07 on Wednesday. International Public Partnerships has a 12 month low of GBX 130.80 and a 12 month high of GBX 159.40. The firm has a 50-day moving average price of GBX 1.38 and a 200 day moving average price of GBX 1.33.
The firm also recently declared a dividend, which will be paid on Thursday, November 3rd. Investors of record on Thursday, September 22nd will be paid a dividend of GBX 3.33 ($0.04) per share. This is a positive change from International Public Partnerships’s previous dividend of $3.23. This represents a dividend yield of 2.11%. The ex-dividend date of this dividend is Thursday, September 22nd.
International Public Partnerships Company Profile
International Public Partnerships Limited (INPP) is a closed-ended investment company. The Company invests in equity, subordinated and mezzanine debt, and senior loans made to entities owning or operating infrastructure concessions, assets or related businesses. The Company’s investment objective is to provide shareholders with a predictable, attractive and sustainable investment yield in addition to the potential for capital appreciation of the investment portfolio.
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