Atrato Onsite Energy PLC 20.5% potential upside indicated by Berenberg Bank

Atrato Onsite Energy PLC with ticker (LON:ROOF) now has a potential upside of 20.5% according to Berenberg Bank.



Berenberg Bank set a target price of 100 GBX for the company, which when compared to the Atrato Onsite Energy PLC share price of 83 GBX at opening today (28/06/2023) indicates a potential upside of 20.5%. Trading has ranged between 76 (52 week low) and 109 (52 week high) with an average of 231,860 shares exchanging hands daily. The market capitalisation at the time of writing is £122,262,004.

Atrato Onsite Energy Plc is a United Kingdom-based closed-ended investment company. The Company invests in a diversified portfolio of onsite renewable energy assets. It focuses on onsite green energy generation, providing new renewable energy capacity to industrial and commercial counterparties. The Company’s investment objectives are to: support the net zero agenda whilst delivering capital growth and progressive dividend income to its shareholders; integrate environmental, social and governance (ESG) best practice with a focus on investing in new renewable energy capacity and onsite clean energy solutions; and target long- term secure income with limited exposure to wholesale power prices. It designs, finances, installs, and maintains rooftop and ground mounted solar photovoltaic (PV) systems on commercial sites in the United Kingdom and Ireland. Atrato Partners Limited is the Investment Adviser of the Company.