Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Enel : 9M 2020 in line, 2020 guidance confirmed, upcoming CMD on 24 November

>Buy recommendation and target price of € 8.6 maintained - The group reported recurring performances for 9M 2020 fully in line with our expectations in terms of EBITDA, EBIT and attributable net profit. The group reaffirmed its 2020 trajectory, with EBITDA guidance of € 18.0bn and ordinary attributable net profit of between € 5.0bn and € 5.2bn. Consequently, we are leaving our estimates unchanged for 2020. We are sticking with our Buy recommendation and are leaving ou...
Underlying
Enel SpA

Enel Societa Per Azioni is engaged in the generation and sale of electricity through its Generation, Energy Management and Sales Italy Division. Co. is also engaged in the distribution of electricity (Enel Distribuzione) and public and artistic lighting (Enel Sole) in Italy through its Infrastructure and Networks Division. Co.'s Iberia and Latin America Division coordinates Co.'s operations in the electricity and gas markets in Spain, Portugal and Latin America. Co.'s Engineering and Research Division manages the engineering processes related to the development and construction of power plants. Co.'s other divisions are the International Division as well as the Renewable Energy Division.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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