Endesa : Mixed bag in 2023, 2024 guidance confirmed, 2026 to watch out for
>Outperform rating and € 25.3 target price maintained - Endesa’s reported 2023 results fell short of our expectations and those of consensus. Adjusted for non-recurrent items, the 2023 performance is more in line with our expectations. The group confirmed the 2024 guidance set out in its latest strategic plan last November. While the market’s concerns look reasonable in view of the impact of lower wholesale electricity prices on the 2026 outlook, we would rather have ...Endesa is engaged in the production, transmission, distribution, and supply of electricity, through hydroelectric, fossil fuel, and nuclear generation. Co. is also engaged in the mining of coal for use in its fossil-fuel electric plants; mining research; land restoration, and environmental monitoring and control.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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.