ITM Power (ITM)

Sector:

Energy Producers

Index:

FTSE AIM 50

54.00p
   
  • Change Today:
      0.30p
  • 52 Week High: 98.58
  • 52 Week Low: 45.12
  • Currency: UK Pounds
  • Shares Issued: 616.98m
  • Volume: 1,108,851
  • Market Cap: £333.17m
  • RiskGrade: 405

RBC Capital Markets upgrades ITM Power to 'outperform'

By Michele Maatouk

Date: Wednesday 13 Apr 2022

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded ITM Power on Wednesday to 'outperform' from 'sector perform' and hiked the price target to 500p form 300p.
The bank said that while there remain uncertainties around the timing of large purchase orders and ramp-up costs potentially affecting near-term profitability, it sees the growth positioning of ITM significantly de-risked amidst the current market dynamics.

"Our detailed analysis of electrolyser stacks also suggest ITM is more protected from major raw material disruptions relative to peers," it said.

At 1050 BST, the shares were up 1.2% at 351.60p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ITM Power Market Data

Currency UK Pounds
Share Price 54.00p
Change Today 0.30p
% Change 0.56 %
52 Week High 98.58
52 Week Low 45.12
Volume 1,108,851
Shares Issued 616.98m
Market Cap £333.17m
RiskGrade 405

ITM Power Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
3.38% above the market average3.38% above the market average3.38% above the market average3.38% above the market average3.38% above the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Price Trend
68.5% below the market average68.5% below the market average68.5% below the market average68.5% below the market average68.5% below the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Income Not Available
Growth
34.00% above the market average34.00% above the market average34.00% above the market average34.00% above the market average34.00% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 5
Sell 5
Strong Sell 0
Total 19
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ITM Power Dividends

No dividends found

Trades for 21-May-2024

Time Volume / Share Price
16:47 3,258 @ 53.55p
16:35 212,084 @ 54.00p
16:35 7 @ 54.00p
16:35 757 @ 54.00p
16:35 729 @ 54.00p

ITM Power Key Personnel

Finance Director Andy Allen

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