BMO Capital has decided to maintain its Market Perform rating of Atlantica Sustainable AY and lower its price target from $27.00 to $25.00.
Shares of Atlantica Sustainable are trading down 2.13% over the last 24 hours, at $20.68 per share.
A move to $25.00 would account for a 20.89% increase from the current share price.
About Atlantica Sustainable
Atlantica Sustainable Infrastructure PLC owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets. It is focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil, and Uruguay) and EMEA (Spain, Algeria and South Africa). The company's segments include North America, South America and Europe, Middle East and Africa. The renewable energy sector includes the company's activities related to the production of electricity from solar power and wind plants. Atlantica derives most of its revenues from EMEA, followed by South America and North America.
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