Pod Point Group Holdings PLC 54.8% potential upside indicated by Canaccord Genuity

Pod Point Group Holdings PLC with ticker (LON:PODP) now has a potential upside of 54.8% according to Canaccord Genuity.



Canaccord Genuity set a target price of 110 GBX for the company, which when compared to the Pod Point Group Holdings PLC share price of 71 GBX at opening today (03/07/2023) indicates a potential upside of 54.8%. Trading has ranged between 46 (52 week low) and 155 (52 week high) with an average of 113,360 shares exchanging hands daily. The market capitalisation at the time of writing is £110,376,615.

Pod Point Group Holdings plc is a United Kingdom-based provider of electric vehicle (EV) charging solutions. The Company operates through four segments: Home, Commercial, Owned assets and Recurring. Its Home segment offers charging units to domestic customers for installation in homes. Its Commercial segment offers charging units in commercial settings, such as the destination, workplace and en-route routes to market. The Company’s Owned assets segment includes operating activities relating to customer contracts, in which it owns the charging point assets, but charges end customers for the use of these assets and, at some sites, charges a fee for provision of media screens on the charge points for advertising purposes. Its Recurring segment includes operating activities relating to the recurring revenue generated on charge points, relating to fees charged from the ongoing use of the Pod Point software and information generated from the management information system.