International Public Partnerships’ (INPP) Outperform Rating Reiterated at Macquarie

Macquarie reissued their outperform rating on shares of International Public Partnerships Ltd (LON:INPP) in a report issued on Wednesday. They currently have a GBX 170 ($2.10) price target on the stock.

International Public Partnerships (LON:INPP) opened at 158.86 on Wednesday. International Public Partnerships has a one year low of GBX 131.20 and a one year high of GBX 164.60. The firm has a 50-day moving average price of GBX 1.38 and a 200-day moving average price of GBX 1.33.

The firm also recently disclosed a dividend, which will be paid on Thursday, November 3rd. Stockholders of record on Thursday, September 22nd will be issued a GBX 3.33 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, September 22nd. This represents a dividend yield of 2.11%. This is an increase from International Public Partnerships’s previous dividend of $3.23.

International Public Partnerships Company Profile

International Public Partnerships Limited (INPP) is a closed-ended investment company. The Company invests in equity, subordinated and mezzanine debt, and senior loans made to entities owning or operating infrastructure concessions, assets or related businesses. The Company’s investment objective is to provide shareholders with a predictable, attractive and sustainable investment yield in addition to the potential for capital appreciation of the investment portfolio.

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