NextEnergy Solar Fund’s (NESF) Underperform Rating Reaffirmed at Jefferies Financial Group

NextEnergy Solar Fund (LON:NESF)‘s stock had its “underperform” rating restated by analysts at Jefferies Financial Group in a note issued to investors on Thursday,Digital Look reports.

NextEnergy Solar Fund Stock Performance

Shares of NESF opened at GBX 47.08 on Thursday. The firm has a market cap of £270.81 million, a PE ratio of -46.61, a PEG ratio of 1.17 and a beta of 0.31. The stock’s fifty day moving average price is GBX 45.56 and its two-hundred day moving average price is GBX 48.73. The company has a debt-to-equity ratio of 38.86, a current ratio of 9.28 and a quick ratio of 13.96. NextEnergy Solar Fund has a 1 year low of GBX 43 and a 1 year high of GBX 78.77.

NextEnergy Solar Fund Company Profile

NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the main market of the London Stock Exchange and is a FTSE 250 constituent.

NextEnergy Solar Fund’s investment objective is to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of utility-scale solar energy and energy storage infrastructure assets. The majority of NESF’s long-term cash flows are inflation-linked via UK government subsidies.

As at 31 December 2024, the Company had an unaudited gross asset value of £1,071m.