GCP Infrastructure Investments’ (GCP) “Outperform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their outperform rating on shares of GCP Infrastructure Investments (LON:GCP) in a research note released on Tuesday morning, Marketbeat reports. Royal Bank Of Canada currently has a GBX 90 ($1.23) price objective on the stock.

GCP Infrastructure Investments Price Performance

Shares of GCP stock opened at GBX 74.40 ($1.02) on Tuesday. GCP Infrastructure Investments has a 1 year low of GBX 65.90 ($0.90) and a 1 year high of GBX 85 ($1.16). The firm has a fifty day moving average price of GBX 72.16 and a 200-day moving average price of GBX 72.32. The company has a market cap of £667.76 million, a price-to-earnings ratio of 42.82 and a beta of 0.34.

GCP Infrastructure Investments (LON:GCP) last released its quarterly earnings results on Thursday, June 12th. The company reported GBX 3.30 ($0.05) earnings per share (EPS) for the quarter. GCP Infrastructure Investments had a return on equity of 1.63% and a net margin of 20.96%. Equities research analysts expect that GCP Infrastructure Investments will post 8.2955771 EPS for the current year.

Insider Transactions at GCP Infrastructure Investments

In other news, insider Dawn Crichard purchased 14,009 shares of the stock in a transaction on Wednesday, April 9th. The shares were acquired at an average price of GBX 71 ($0.97) per share, with a total value of £9,946.39 ($13,578.69). 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.