NextEnergy Solar Fund Ltd with ticker (LON:NESF) now has a potential upside of 11.1% according to RBC Capital Markets.
RBC Capital Markets set a target price of 115 GBX for the company, which when compared to the NextEnergy Solar Fund Ltd share price of 102 GBX at opening today (04/02/2022) indicates a potential upside of 11.1%. Trading has ranged between 1 (52 week low) and 102 (52 week high) with an average of 712,671 shares exchanging hands daily. The market capitalisation at the time of writing is £600,161,849.
NextEnergy Solar Fund Limited is a closed-ended investment company. The Company’s principal activities and investment objectives are to provide investors with a sustainable and attractive dividend that increases in line with retail price index over the long-term by investing in a portfolio of solar photovoltaic (PV) assets that are located in the United Kingdom. It seeks to provide investors with an element of capital growth through the reinvestment of net cash generated in excess of the target dividend in accordance with its investment policy. Its portfolio includes over 60 solar PV plants that are located across approximately 20 different counties of England and Wales. In addition, the portfolio is diversified across over 20 non-connected contractors, approximately 10 different Tier 1 solar panel manufacturers and over nine Tier 1 inverter manufacturers. NextEnergy Capital IM Limited is the investment manager and NextEnergy Capital Limited is the investment advisor of the Company.
NextEnergy Solar Fund Ltd 11.1% potential upside indicated by RBC Capital Markets
[shareaholic app="share_buttons" id_name="post_below_content"]
- Written by: Charlotte Edwards
Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
NextEnergy Solar Fund reveals its interim results for the period ending 30 September 2024, highlighting key financial, portfolio, and ESG metrics.
NextEnergy Solar Fund Limited (LON:NESF) has published its third annual Sustainability & ESG Report, becoming the first in its peer group to adopt ISSB standards S1 and S2.
NextEnergy Solar Fund (LON:NESF) announces an impressive dividend target increase, showcasing resilience in renewable energy investments with attractive returns.
NextEnergy Solar Fund Limited is pleased to announce the successful commercial operations of its 50MW energy storage asset, Camilla, in Fife, Scotland. This milestone expands NESF's total capacity above 1GW.