Analyst Activity – Macquarie Initiates Coverage On Atlantis Resources Ltd (LON:ARL) With a Outperform


Analyst Ratings For Atlantis Resources Ltd (LON:ARL)

Today, Macquarie initiated coverage on Atlantis Resources Ltd (LON:ARL) with a Outperform with a price target of GBX 71.

There are 1 buy rating on the stock.

The current consensus rating on Atlantis Resources Ltd (LON:ARL) is Buy (Score: 3.00) with a consensus target price of GBX 101 per share, a potential .

Some recent analyst ratings include

  • 2/23/2017-Macquarie initiated coverage with a Outperform rating.
  • 1/9/2017-Peel Hunt Reiterated Rating of Under Review.

    About Atlantis Resources Ltd (LON:ARL)
    Atlantis Resources Limited is a vertically integrated turbine supplier and project developer in the tidal power industry. The Company’s segments include Power Generation, and Turbine and Engineering Services. The Company’s Power Generation focuses on the development of the MeyGen tidal energy project. The Company’s Turbine and Engineering Services focus on the development and delivery of turbines and technology solutions for projects across the world. The Company’s projects include MeyGen, Scotland, United Kingdom; FORCE, Nova Scotia, Canada; ETI TEC Project, United Kingdom; Daishan, Zhejiang, China, and Mundra, Gujarat, India. The Company’s Turbine Technology offers various series, such as AR series, which include AR1500 and AR1000; AS series, and AN series. The Company’s subsidiaries include Atlantis Turbines Pte Ltd, Atlantis Operations (Canada) Limited, Atlantis Resources (Scotland) Limited and Current Resources (Cayman) Limited.

    Recent Trading Activity for Atlantis Resources Ltd (LON:ARL)
    Shares of Atlantis Resources Ltd closed the previous trading session at 51.99 down -0.01 -0.02% with 0 shares trading hands.