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Fugro : Offshore wind blowing again
>Strong Outperform recommendation reiterated - Today we reiterate our strong Outperform recommendation for Fugro, further lift our adjusted EPS forecasts by 15%/11% respectively, and raise our 12 month target price to € 32 from € 26.5. Where Fugro and its European offshore wind sector peers in 23H2 still were held back by worries on the outlook for global offshore wind markets, recent hikes in electricity offtake prices in the US, UK and Europe are showing that the wo...
Underlying
FUGRO NV
Provider
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.
Thijs Berkelder
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