Cantor Fitzgerald announced Plutus Powergen Plc (LON:PPG), upholding its stock price target at 3.80GBX today
- Updated: October 1, 2016
Boasting a price of 1.35GBX, Plutus Powergen Plc (LON:PPG) traded -3.33% lower on the day. With the last stock price close up 24.06% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Plutus Powergen Plc has recorded a 50-day average of 1.30GBX and a two hundred day average of 1.17GBX. Volume of trade was up over the average, with 1,633,732 shares of PPG changing hands over the typical 1,370,880
In a statement issued on 9/29/2016 Cantor Fitzgerald hold steady the target price of Plutus Powergen Plc (LON:PPG) from 3.80GBX to 3.80GBX stating a potential upside of 1.81%.
On 09/05/2016, Cantor Fitzgerald released a statement for Plutus Powergen Plc (LON:PPG) maintained the target price at 3.80GBX that suggested an upside of 1.92%.
With a total market value of 0 GBX, Plutus Powergen Plc has with a one year low of 0.80GBX and a one year high of 2.10GBX .
More About Plutus Powergen Plc (LON:PPG)
Plutus PowerGen plc, formerly Plutus Resources plc, is a United Kingdom-based holding company of Plutus Energy Limited (Plutus Energy). The Company offers management infrastructure for the development, construction and operation of flexible power facilities in the United Kingdom. Plutus Energy is an independent energy supplier engaged in generating power from flexible standby electricity generation sites. Plutus Energy sells this power to established national energy suppliers during periods of peak electricity demand or grid instability. The Company through a pipeline of over 500 megawatts (MW), with connection offers for approximately 260 MW of capacity. The Company has four primary revenue streams: Triad avoidance, Short Term Operating Reserve (STOR), power sales and the Capacity Mechanism.
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