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Jersey Electricity Announces Director’s Share Transaction

Story Highlights
  • Jersey Electricity operates in the energy sector, providing electricity services in Jersey.
  • A director sold shares as Co-Executor of an estate, not affecting her personal holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jersey Electricity Announces Director’s Share Transaction

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Jersey Electricity ( (GB:JEL) ) has provided an announcement.

Jersey Electricity PLC announced a transaction involving the sale of ‘A’ Ordinary Shares by Amanda Iceton, a Non-Executive Director, in her capacity as Co-Executor of her mother’s estate. This transaction, conducted under the UK Market Abuse Regulation, involved 1,700 shares at a price of GBP 4.651 each, totaling GBP 7,797.87. The sale does not impact the director’s personal shareholding, as the shares were never held in her name.

The most recent analyst rating on (GB:JEL) stock is a Buy with a £525.00 price target. To see the full list of analyst forecasts on Jersey Electricity stock, see the GB:JEL Stock Forecast page.

Spark’s Take on GB:JEL Stock

According to Spark, TipRanks’ AI Analyst, GB:JEL is a Outperform.

Jersey Electricity’s strong financial performance and attractive valuation are the primary drivers of its overall score. The company’s stable revenue growth, effective cost management, and solid dividend yield contribute positively. Technical analysis indicates a neutral trend, with no significant bullish or bearish signals.

To see Spark’s full report on GB:JEL stock, click here.

More about Jersey Electricity

Jersey Electricity PLC operates in the energy sector, providing electricity services primarily in Jersey. The company focuses on delivering reliable and sustainable energy solutions to its market.

Average Trading Volume: 2,960

Technical Sentiment Signal: Strong Buy

Current Market Cap: £144M

See more data about JEL stock on TipRanks’ Stock Analysis page.

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