The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 76.16 and traded as low as GBX 73.80. The Renewables Infrastructure Group shares last traded at GBX 73.90, with a volume of 8,120,077 shares trading hands.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada reduced their price target on The Renewables Infrastructure Group from GBX 110 to GBX 100 and set an “outperform” rating for the company in a research report on Tuesday, August 12th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 100.
View Our Latest Analysis on The Renewables Infrastructure Group
The Renewables Infrastructure Group Price Performance
The Renewables Infrastructure Group Company Profile
TRIG is an investment company whose purpose is to generate sustainable returns from a diversified portfolio of renewables infrastructure that contribute towards a net zero carbon future.
TRIG’s diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the UK and Europe.
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