06 Oct 2022
Parkmead Group - Kempstone off to the races
Parkmead has provided a very positive update on its onshore renewable energy projects in the UK, which are benefiting from strong power markets and expanding in scope. This alongside exceptionally high European gas prices drives a significant increase to our FY23 estimates and price target, which rises 18% to 194p/sh. Parkmead is firing strongly on two of its cylinders – Dutch gas and renewables. The icing on the cake would be a successful conclusion to the ongoing farm-out process for the Great ....
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Parkmead Group - Kempstone off to the races
Parkmead Group PLC (PMG:LON) | 15.5 0 1.6% | Mkt Cap: 16.9m
- Published:
06 Oct 2022 -
Author:
Jonathan Wright -
Pages:
8
Parkmead has provided a very positive update on its onshore renewable energy projects in the UK, which are benefiting from strong power markets and expanding in scope. This alongside exceptionally high European gas prices drives a significant increase to our FY23 estimates and price target, which rises 18% to 194p/sh. Parkmead is firing strongly on two of its cylinders – Dutch gas and renewables. The icing on the cake would be a successful conclusion to the ongoing farm-out process for the Great ....