Enel : Recurring 9M earnings in line and substantial impairment on coal-fired plants
>Neutral rating maintained but target price adjusted to € 6.30 vs € 5.45 - On the back of the publication of the group’s performance at end-September 2019, which was in line with our forecasts when adjusted for all of the one-off and non-recurring items, we are sticking with our Neutral recommendation but adjusting our target price to € 6.30 vs € 5.45. This adjustment factors in the update to the operational, financial and market data. Our target price is still based ...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.
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.