Bluefield Solar Income Fund (LON:BSIF) Price Target Cut to GBX 95 by Analysts at Royal Bank Of Canada

Bluefield Solar Income Fund (LON:BSIF) had its price target reduced by Royal Bank Of Canada from GBX 115 to GBX 95 in a research note issued to investors on Wednesday, MarketBeat reports. They currently have a sector perform rating on the stock.

Bluefield Solar Income Fund Stock Up 1.5%

Shares of LON BSIF opened at GBX 80 on Wednesday. Bluefield Solar Income Fund has a 52 week low of GBX 74.39 and a 52 week high of GBX 107.60. The firm’s fifty day moving average is GBX 86.49 and its 200 day moving average is GBX 92.05. The company has a market cap of £473.66 million, a price-to-earnings ratio of -41.03 and a beta of 0.14.

Bluefield Solar Income Fund (LON:BSIF) last released its quarterly earnings results on Tuesday, October 21st. The company reported GBX 10.40 earnings per share for the quarter. Bluefield Solar Income Fund had a net margin of 129.55% and a negative return on equity of 1.19%. Equities research analysts anticipate that Bluefield Solar Income Fund will post 302.1632747 earnings per share for the current year.

About Bluefield Solar Income Fund

Bluefield Solar Income Fund (BSIF) is an investment company focused on the acquisition and long-term management of a diversified portfolio of low carbon assets in the UK, with a primary focus on solar assets. The fund’s initial public offering (IPO) was in July 2013, making it the first investment company focused on solar PV to be listed on the London Stock Exchange (LSE).