NEOEN : Positive feedback from the road show and a good entry point
>Upgrade to Outperform vs Neutral and target price of € 44.5 maintained - After the two-day road show in Switzerland with the group’s management, we have upgraded our rating to Outperform vs Neutral and are maintaining our target price of € 44.5. The group is rolling out its strategy in terms of trajectory for installed MW, geographical development and storage technology. Like its competitors, Neoen has observed an improvement in supply parameters and confirms its cap...Neoen SA Formerly known as Neoen Sas. Neoen SAS is a France-based company specialized in the renewable energy sector. The Company operates, finances and develops a number of power plants from a variety of energy sources, including Solar, wind and Biomass. Its portfolio of power plants includes providencia, ombrineo, degrussa, cestas, ygos, luxey, geloux, seixal, cabrela, coruche, hornsdale I, bussy-lettree, raucourt II, villacerf, bais et trans, reclainville, chapelle vallon and la montagne. Apart from France, the Company is present in many other countries such as Portugal, Australia, Australia, Jordan, Zambia, Mozambique, Argentina, Jamaica, Mexico, Egypt and El Salvador, among others.
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.
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