Brokers bullish on Aquila European Renewables Income Fund shares
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Aquila European Renewables Income Fund currently has:
- 1 Buy recommendations
- 1 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
Researching beyond analyst forecasts
At its current price of 89.3p, shares in Aquila European Renewables Income Fund are trading at a discount of -8.46% to its 52 week high price. The 1-year performance of the shares has been -3.25%.
While analyst forecasts can be a useful guide to what City ‘experts’ think about a stock’s near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Aquila European Renewables Income Fund it’s worth doing some investigation yourself. Indeed, we’ve identified some areas of concern with Aquila European Renewables Income Fund that you can find out about here.
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