Atlantica Sustainable Infrastru – Consensus ‘Buy’ rating and 18.8% Upside Potential

Broker Ratings
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Atlantica Sustainable Infrastru with ticker code (AY) have now 11 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 43 and 29 suggesting an average Analsyt target price of $33.18. Given that the stocks previous close was at $27.93 and the analysts are correct then we can expect a percentage increase in value of 18.8%. Also worth taking note is the 50 day moving average now sits at $27.47 and the 200 moving average now moves to $29.09. The company has a market cap of $3,228m. Company Website: https://www.atlantica.com

The potential market cap would be $3,835m based on the market consensus.

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in the United States, Canada, Mexico, Peru, Chile, Colombia, Uruguay, Spain, Italy, Algeria, and South Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020. Atlantica Sustainable Infrastructure plc was incorporated in 2013 and is based in Brentford, the United Kingdom.

The company has a dividend yield of 6.41% with the ex dividend date set at 13-3-2023 (DMY).

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