Naturgy : Un T2 2019 meilleur pour un S1 en ligne, mais le risque réglementaire demeure
>Recommandation Neutre et OC à 23.60 € maintenus - Cette publication semestrielle en ligne avec nos attentes sur l’opérationnel récurrent ne remet pas en cause notre opinion Neutre sur le titre. Si les éléments stratégiques du plan 2022 sont en place, le risque réglementaire sur les activités de gaz en Espagne demeure. Au regard de ce risque, les guidances de 2019 n’ont pas fait l’objet d’un commentaire particulier à ce stade et sont par conséquent inchangées Le group...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).
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.