SThree Plc 29.9% potential upside indicated by Berenberg Bank

SThree Plc with ticker (LON:STEM) now has a potential upside of 29.9% according to Berenberg Bank.



Berenberg Bank set a target price of 550 GBX for the company, which when compared to the SThree Plc share price of 424 GBX at opening today (16/02/2024) indicates a potential upside of 29.9%. Trading has ranged between 325 (52 week low) and 492 (52 week high) with an average of 182,157 shares exchanging hands daily. The market capitalisation at the time of writing is £573,208,125.

Stem, Inc. is a digitally connected, intelligent energy storage network provider. The Company provides customers with an energy storage system, sourced from global battery original equipment manufacturers (OEMs), that the Company delivers through its partners, including developers, distributors, and engineering, procurement, and construction firms. It provides an ongoing software platform and professional services to operate integrated energy storage and solar systems, through its Athena artificial intelligence (AI) platform (Athena), and solar asset performance monitoring and control, through Athena’s PowerTrack application. It delivers its battery hardware and software-enabled services through its Athena platform to its customers. Additionally, the Company’s energy storage solutions support renewable energy generation by alleviating grid intermittency issues. It operates in areas within the energy storage landscape: Behind-the-Meter and Front-of-the-Meter.