Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Iberdrola : Vers une accélération, T3 2019 en ligne et guidance 2019 confirmée

>Opinion Neutre maintenue mais OC ajusté à 8.60 € vs 7.95 € - Les performances du 9M 2019 sont ressorties globalement en ligne avec nos attentes et celles du consensus. Les guidances 2019 de croissance du RNpg ont été confirmées. Nous n’avons pas modifié nos estimations 2019 que nous avions ajusté à l’issue du relèvement des guidances 2019 en juillet dernier. En revanche, nous ajustons notre objectif de cours à 8.60 € vs 7.95 € (moyenne SOP à 8.30 € et DCF 8.9 €), apr...
Underlying
Iberdrola SA

Iberdrola is a holding company. Through its subsidiaries, Co. operates in four segments: network business, which includes all the energy transmission and distribution activities, and other regulated activity originated in Spain, the U.K., the U.S. and Brazil; deregulated business, which includes electricity generation and sales businesses as well as gas trading and storage businesses carried on by Co. in Spain, Portugal, the U.K. and North America; renewable business, with activities related to renewable energies in Spain, the U.K., the U.S. and the rest of the world; and other businesses, including the engineering and construction businesses and the non-power businesses.

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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch