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Zenith Energy ( (GB:ZEN) ) just unveiled an update.
Zenith Energy Ltd. announced the results of an independent valuation of its solar energy development pipeline, which has a total capacity of 110.5 MWp and is valued at €27.5 million. The company plans to sell a 50% interest in the pipeline once projects reach Ready-to-Build status, with the implied value of this interest being €13.75 million. This valuation supports Zenith’s strategic shift towards solar energy development in Europe, following asset seizures in Tunisia, and reassures shareholders about the value-creation potential of its renewable energy activities.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Spark’s Take on GB:ZEN Stock
According to Spark, TipRanks’ AI Analyst, GB:ZEN is a Neutral.
Zenith Energy’s overall stock score is driven primarily by its financial performance and technical analysis. While the company shows strong revenue growth and improving operational margins, concerns about profitability and cash flow stability weigh on the score. The technical indicators suggest short-term bullish momentum, but longer-term trends remain bearish. The lack of valuation data further limits the assessment.
To see Spark’s full report on GB:ZEN stock, click here.
More about Zenith Energy
Zenith Energy Ltd. is a revenue-generating, independent energy company with assets in North Africa, the US, and Europe. It focuses on energy production, exploration, and development, with a strategic emphasis on developing proven revenue-generating energy assets and low-risk exploration activities. Zenith is listed on the London Stock Exchange, Oslo Stock Exchange, and Spotlight Stock Market in Sweden.
Average Trading Volume: 694,933
Technical Sentiment Signal: Sell
Current Market Cap: £12.02M
See more insights into ZEN stock on TipRanks’ Stock Analysis page.