The Renewables Infrastructure Group (LON:TRIG – Get Free Report)‘s stock had its “hold” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday,Digital Look reports.
The Renewables Infrastructure Group Stock Performance
TRIG stock opened at GBX 74.50 on Tuesday. The firm has a market cap of £1.75 billion, a PE ratio of -13.80 and a beta of 0.38. The firm’s 50 day moving average price is GBX 70.27 and its 200-day moving average price is GBX 68.92. The Renewables Infrastructure Group has a one year low of GBX 63.20 and a one year high of GBX 90.50.
About The Renewables Infrastructure Group
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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