SUEZ: 2021 EBIT guidance sounds challenging. Limited discount. Sell rating confirmed | SELL | EUR18 VS. EUR10 (+3%)
SUEZ - SELL | EUR18 VS. EUR10 (+3%)2021 EBIT guidance sounds challenging. Limited discount. Sell rating confirmed
Correct set of results in 2020 but 2021 EBIT guidance is challenging
Fundamentally, we favour Veolia over Suez for its greater scope for recovery…
… but all eyes are on the takeover bid. See you at the AGM
Sell rating confirmed, TP EUR18 vs EUR10
Suez is active in each stage of the water and waste cycles. Co. is organized around three main segments: Water Europe (water distribution and treatment services, particularly under concession contracts, to individuals, local authorities and industrial clients); Waste Europe (waste collection and treatment services for local authorities and industrial clients; these services include collection, sorting, recycling, composting, energy recovery and landfilling for both non-hazardous and hazardous waste) and International (water, waste and engineering services, with a special focus on risk-management resulting from specific local environments by setting up partnerships).
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.