UBS Turns Bullish on Ceres Power (CWR) as FTSE 250 Hydrogen Stock Climbs on Licence Momentum
Ceres Power shares rose about 2.4% to 345–346p in London after UBS reiterated a Buy rating and 570p target, citing licence momentum and US market access. The stock outperformed the broader UK market following the UK Budget, with market cap in the mid-£600m range. An industry report named Ceres a key player in the growing hydrogen fuel-cell sector.
