GCP Infrastructure Investments (LON:GCP) Earns "Outperform" Rating from Royal Bank Of Canada

GCP Infrastructure Investments (LON:GCP - Get Free Report)'s stock had its "outperform" rating reissued by analysts at Royal Bank Of Canada in a research report issued to clients and investors on Tuesday,Digital Look reports. They currently have a GBX 90 ($1.24) price objective on the stock. Royal Bank Of Canada's price target indicates a potential upside of 22.20% from the company's current price.

GCP Infrastructure Investments Stock Up 0.1%

Shares of LON GCP traded up GBX 0.05 ($0.00) during midday trading on Tuesday, hitting GBX 73.65 ($1.01). The stock had a trading volume of 760,849 shares, compared to its average volume of 1,818,098. The stock has a 50 day simple moving average of GBX 72.04 and a 200-day simple moving average of GBX 72.27. The company has a market capitalization of £661.02 million, a PE ratio of 42.39 and a beta of 0.34. GCP Infrastructure Investments has a 1 year low of GBX 65.90 ($0.90) and a 1 year high of GBX 85 ($1.17).

GCP Infrastructure Investments (LON:GCP - Get Free Report) last posted its quarterly earnings data on Thursday, June 12th. The company reported GBX 3.30 ($0.05) EPS for the quarter. GCP Infrastructure Investments had a return on equity of 1.63% and a net margin of 20.96%. As a group, analysts expect that GCP Infrastructure Investments will post 8.2955771 earnings per share for the current fiscal year.

Insider Buying and Selling at GCP Infrastructure Investments

In other GCP Infrastructure Investments news, insider Dawn Crichard purchased 14,009 shares of the stock in a transaction that occurred on Wednesday, April 9th. The shares were purchased at an average cost of GBX 71 ($0.98) per share, for a total transaction of £9,946.39 ($13,658.87). Corporate insiders own 0.33% of the company's stock.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investment Limited (GCP Infra) is a Jersey-incorporated, closed ended investment company whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained distributions and to preserve capital over the long term by generating exposure primarily to UK infrastructure debt and related and/or similar assets which provide regular and predictable long term cashflows.

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