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Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ) has issued an announcement.
Octopus Renewables Infrastructure Trust (ORIT) has assessed the potential impact of the UK Department for Energy Security and Net Zero’s proposed changes to the inflation indexation methodology for the Renewable Obligation (ROC) and Feed-in Tariff (FiT) schemes. The consultation suggests either an immediate switch from RPI to CPI or a temporary freeze in ROC buyout price indexation. ORIT’s analysis indicates a limited impact on its net asset value per share due to its diversified portfolio and minimal exposure to ROC-linked revenue. The company will continue to monitor the situation and update stakeholders accordingly.
The most recent analyst rating on (GB:ORIT) stock is a Hold with a £0.85 price target. To see the full list of analyst forecasts on Octopus Renewables Infrastructure Trust Plc stock, see the GB:ORIT Stock Forecast page.
Spark’s Take on GB:ORIT Stock
According to Spark, TipRanks’ AI Analyst, GB:ORIT is a Outperform.
Octopus Renewables Infrastructure Trust Plc scores a solid 72, driven by strong financial health and positive technical signals. The company’s strategic corporate actions, including share buybacks and dividend increases, underscore its commitment to shareholder value. Despite high valuation metrics, the attractive dividend yield provides a counterbalance. The primary concern remains the declining revenue trend, which could impact long-term growth.
To see Spark’s full report on GB:ORIT stock, click here.
More about Octopus Renewables Infrastructure Trust Plc
Octopus Renewables Infrastructure Trust (ORIT) is a closed-ended investment company based in England and Wales, focusing on providing investors with sustainable income returns and capital growth through a diversified portfolio of renewable energy assets in Europe and Australia. As an impact fund, ORIT contributes to the transition to net zero and supports UN Sustainable Development Goals. Its investment manager, Octopus Energy Generation, has a strong track record in renewable energy fund management, with significant assets under management across multiple countries.
Average Trading Volume: 1,504,913
Technical Sentiment Signal: Sell
See more data about ORIT stock on TipRanks’ Stock Analysis page.