DGAP-News: City Windmills Ltd. announces initiation of research coverage with a BUY recommendation by Silvia Quandt&Cie
(firmenpresse) - DGAP-News: City Windmills Ltd. / Key word(s): Miscellaneous
City Windmills Ltd. announces initiation of research coverage with a
BUY recommendation by Silvia Quandt&Cie
07.09.2011 / 16:35
---------------------------------------------------------------------
City Windmills Ltd. announces initiation of research coverage with a BUY
recommendation by Silvia Quandt&Cie
MANCHESTER, U.K., Sept 9th, 2011 - City Windmills, Ltd. (Frankfurt symbol:
CYW - www.citywindmills.com), announces that Silvia Quandt&Cie, a leading
German investment banking and brokerage firm has initiated research
coverage of City Windmills with a BUY recommendation.
Silvia Quandt&Cie, one of the most reputable German brokerage firms
specializing in the fields of cleantech and new energies, has initiated
coverage of the company. Silvia Quandt&Cie issued an internal note to its
customers and a full research note on September 6th, 2011. This published
20-page research report has conducted an in-depth analysis of the business
perspectives of City Windmills and comes to the conclusion that the
company's share price is currently undervalued and could appreciate up to
their 1.25 euros per share target price.
'The reputation of Silvia Quandt&Cie as a top brokerage firm in the field
of clean energy has been firmly established over the last several years.'
said Sean Kelly, CFO and founder of City Windmills Ltd. 'Their forecasts on
our business perspectives seem quite in line with our views on our initial
business focus - servicing governmental entities by supplying them with
clean, green wind energy' he added. 'We are especially pleased that a firm
with the stature of Sylvia Quandt&Cie is now actively following our
company so early in our corporate evolution. We believe it is a strong
testimony of our existing business plan and future potential. We look
forward to developing our relationship with Sylvia Quandt&Cie and
presenting to their large institutional following in the coming months.'
The current research report of Silvia Quandt&Cie with an initial price
target of 1.25 euros can be downloaded from the following link:
http://www.citywindmills.com/investors
City Windmills Ltd. is a windmill company seeking to transform the dominant
paradigm of energy production and consumption around the globe, by
integrating the three notions of powerful energy production from wind,
proximity to the end user and advertisement of brands and products.
This press release may contain 'forward-looking statements.' Expressions of
future goals and similar expressions reflecting something other than
historical fact are intended to identify forward-looking statements, but
are not the exclusive means of identifying such statements. These
forward-looking statements may include, without limitation, statements
about our market opportunity, strategies, competition, expected activities
and expenditures as we pursue our business plan.
CONTACT:
Peter Kazimirski, CEO, +41 79 663 5234,
peter.kazimirski(at)citywindmills.com
Sean Kelly, CFO, +41 79 203 7124, sean.kelly(at)citywindmills.com
End of Corporate News
---------------------------------------------------------------------
07.09.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsiblefor the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
138583 07.09.2011
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 07.09.2011 - 16:35 Uhr
Sprache: Deutsch
News-ID 62776
Anzahl Zeichen: 6795
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 224 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: City Windmills Ltd. announces initiation of research coverage with a BUY recommendation by Silvia Quandt&Cie"
steht unter der journalistisch-redaktionellen Verantwortung von
City Windmills Ltd. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
