Report

PNE AG : Weak share price offers buying opportunity

>Poor share price performance despite strong fundamentals - Since its peak in January 2018, PNE’s share price has fallen 28% to currently € 2.31. This sharp decline is not at all justified by fundamentals; on the contrary, the company’s fundamentals have improved since January, in our view.i) The outcome of Germany’s second tender for onshore wind projects in May was quite encouraging as the average bid stood at € 57.3/MWh (bid range: € 46.5/MWh to € 62.8/MWh), 2...
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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.

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