Bryan Garnier - NEL (NEL.OL) NEL - SELL | NOK10 Better commercial momentum, to be confirmed

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Bryan Garnier

Xavier Regnard

NEL - SELL | NOK10 Better commercial momentum, to be confirmed

Order intake and backlog finally show better momentum…
…but we confirm our Sell rating and our Target Price of NOK10

16/02/2022 1 EN

Underlying

NEL

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Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Xavier Regnard

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NEL - SELL | NOK10 Better commercial momentum, to be confirmed

Energy transition & Sustainability Green hydrogen finally ready for take-off | HydrogenPro initiation of coverage Buy – Tprice NOK50/share

NEL: Record order for 200 MW of alkaline electrolyser | SELL | NOK10

NEL: Top-line below expectations, challenged by supply chain disruptions | SELL | NOK10

Beiersdorf 2025 guidance reiterated, despite poor Q1

Waga Energy: a good FY24 performance

Valneva: Ixchiq approved in Brazil

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