Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Naturgy : 9M 21 en ligne, EBITDA 21 ajusté en baisse

>Opinion Neutre et OC de 23.0 € maintenus - A l’issue de la publication des performances des 9M 2021 ressorties en ligne avec nos attentes mais au-dessus de celles du consensus, nous avons intégré l’ajustement de la guidance d’EBITDA 2021 dont la fourchette a été revue en baisse de 100 M€ à 3.8/3.9 Md€. Ceci entraine un ajustement de -7.3% du BPA 2021. Nous maintenons notre opinion Neutre sur le titre et notre objectif de cours de 23.0 € fondé sur une moyenne entre le...
Underlying
Naturgy Energy Group S.A.

Gas Natural SDG is a gas company based in Spain. Co. and its subsidiaries are primarily engaged in the supply, transportation, distribution and commercialization of piped natural gas, as well as the activities involving exploration and developing, supply, regasification, liquefaction and storage of natural gas, and the generation and commercialization of electricity. Co. operates mainly in Spain and also outside of Spain, especially in Latin America, Puerto Rico, Italy, France and Africa (through Maghreb-Europe gas pipeline and integrated LNG projects in Algeria).

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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