GCP Infrastructure Investments (LON:GCP) Stock Rating Reaffirmed as “Buy” by Jefferies Financial Group

GCP Infrastructure Investments (LON:GCP)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, London Stock Exchange reports.

GCP Infrastructure Investments Stock Down 0.4%

Shares of GCP Infrastructure Investments stock traded down GBX 0.30 on Tuesday, reaching GBX 81.20. 3,620,082 shares of the company were exchanged, compared to its average volume of 2,553,639. The company has a market capitalization of £609.11 million, a price-to-earnings ratio of 19.57 and a beta of 0.82. The company has a current ratio of 3.21, a quick ratio of 131.52 and a debt-to-equity ratio of 3.20. GCP Infrastructure Investments has a one year low of GBX 69.70 and a one year high of GBX 86.30. The company has a 50-day moving average of GBX 82.60 and a 200 day moving average of GBX 78.36.

About GCP Infrastructure Investments

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.

GCP Infra primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues.