TheScreener - ENGIE Brasil Energia S.A. (EGIE3) ENGIE BRASIL ENE is slightly downgraded to Slightly Positive due to an increasingly adverse environment

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ENGIE BRASIL ENE is slightly downgraded to Slightly Positive due to an increasingly adverse environment

The independent financial analyst theScreener just slightly lowered the general evaluation of ENGIE BRASIL ENE (BR), active in the Conventional Electricity industry. As regards its fundamental valuation, the title confirms its rating of 3 out of 4 stars while its market behaviour remains unchanged and can be qualified as defensive. However, a marginally less favourable environment forces theScreener to downgrade slightly the title, which now shows an overall rating of Slightly Positive. As of the analysis date December 31, 2021, the closing price was BRL 38.41 and its potential was estimated at BRL 42.29.

01/01/2022 6 EN

Underlying

ENGIE Brasil Energia S.A.

Engie Brasil Energia is a power plant operating and development group based in Brazil. Co. is engaged in developing and operating power plants, as well as operations in active energy trading. Co. maintains plants installed in Brazil's five regions, namely in the following states: Rio Grande do Sul, Santa Catarina, Parana, Sao Paulo, Minas Gerais, Mato Grosso do Sul, Mato Grosso, Goias, Tocantins, Maranhao, Piaui and Ceara. The installed capacity of Co.'s generating complex is 7,024 MW. The complex is composed of 26 plants; Nine hydroelectric power plants, five thermoelectric and twelve complementary plants: three biomass, six wind and three Small Hydroelectric Power Plants.

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BREGIEACNOR9 BM&F Bovespa - Securities, Commodities and Futures Exchange Brazil

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TheScreener

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ENGIE BRASIL ENE is slightly downgraded to Slightly Positive due to an increasingly adverse environment

Empowering Investors

Coffee, Croissants & Credit/Engie and TenneT

European Integrated Utilities/What we expect for 2022

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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