Royal Bank Of Canada Reiterates "Outperform" Rating for GCP Infrastructure Investments (LON:GCP)

Royal Bank Of Canada restated their outperform rating on shares of GCP Infrastructure Investments (LON:GCP - Free Report) in a research note issued to investors on Tuesday morning, Marketbeat.com reports. Royal Bank Of Canada currently has a GBX 90 ($1.23) price objective on the stock.

GCP Infrastructure Investments Stock Up 1.4%

GCP traded up GBX 1 ($0.01) during midday trading on Tuesday, hitting GBX 74.40 ($1.02). 2,480,166 shares of the company traded hands, compared to its average volume of 1,823,696. The company's 50-day moving average is GBX 72.19 and its 200 day moving average is GBX 72.36. The firm has a market capitalization of £667.76 million, a PE ratio of 42.82 and a beta of 0.34. GCP Infrastructure Investments has a 52 week low of GBX 65.90 ($0.90) and a 52 week high of GBX 85 ($1.16).

GCP Infrastructure Investments (LON:GCP - Get Free Report) last announced its earnings results on Thursday, June 12th. The company reported GBX 3.30 ($0.05) earnings per share for the quarter. GCP Infrastructure Investments had a net margin of 20.96% and a return on equity of 1.63%. On average, sell-side analysts predict that GCP Infrastructure Investments will post 8.2955771 earnings per share for the current fiscal year.

Insider Transactions at GCP Infrastructure Investments

In other GCP Infrastructure Investments news, insider Dawn Crichard acquired 14,009 shares of the company's stock in a transaction that occurred on Wednesday, April 9th. The shares were bought at an average price of GBX 71 ($0.97) per share, with a total value of £9,946.39 ($13,574.98). Insiders own 0.33% of the company's stock.

About GCP Infrastructure Investments

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.