Sequoia Economic Infrastructure Inc (LON:SEQI – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 84.80 and last traded at GBX 84.43, with a volume of 1060380 shares trading hands. The stock had previously closed at GBX 83.20.
Wall Street Analysts Forecast Growth
SEQI has been the subject of a number of recent analyst reports. Jefferies Financial Group restated a “buy” rating on shares of Sequoia Economic Infrastructure in a research note on Friday, April 17th. Canaccord Genuity Group restated a “hold” rating and issued a GBX 81 price objective on shares of Sequoia Economic Infrastructure in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 81.
Get Our Latest Stock Report on Sequoia Economic Infrastructure
Sequoia Economic Infrastructure Stock Performance
Sequoia Economic Infrastructure (LON:SEQI – Get Free Report) last announced its quarterly earnings data on Thursday, June 11th. The company reported GBX 6.83 earnings per share (EPS) for the quarter. The firm had revenue of £126.69 million during the quarter. Sequoia Economic Infrastructure had a return on equity of 5.52% and a net margin of 167.61%.
About Sequoia Economic Infrastructure
Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment. Its investment objective is to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments.
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