Eenergy Group PLC 200.0% potential upside indicated by Canaccord Genuity

Broker Ratings
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Eenergy Group PLC with ticker (LON:EAAS) now has a potential upside of 200.0% according to Canaccord Genuity.

Canaccord Genuity set a target price of 12 GBX for the company, which when compared to the Eenergy Group PLC share price of 4 GBX at opening today (20/10/2023) indicates a potential upside of 200.0%. Trading has ranged between 3 (52 week low) and 8 (52 week high) with an average of 478,025 shares exchanging hands daily. The market capitalisation at the time of writing is £14,173,896.

eEnergy Group plc is a United Kingdom-based Digital Energy Services provider. The Company’s principal activities are engaged in the provision of energy management and energy efficiency services in both the United Kingdom and Ireland. The Company manages 4.6 Terawatt hours (TWh). The Company’s mission is to eliminate energy waste and make Net Zero profitable, saving up to 60% on energy consumption with no upfront cost in four ways:

  1. transition to the lowest cost clean energy through the group’s digital procurement platform and energy management services, outperforming the traditional energy broker model;
  2. eliminate energy waste with granular circuit level data and insight on energy use and active energy management;
  3. reduce energy consumption by switching to energy efficient technologies;
  4. and connect onsite solar generation and electric vehicle (EV) charging.

The Company’s wholly owned subsidiary is eEnergy Holdings Limited.

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