TheScreener - Meridian Energy Limited (MEL) An unfavourable environment weighs on MERIDIAN ENERGY, which sees a downgrade to Negative

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TheScreener

EUR 13.94 For Business Accounts Only

An unfavourable environment weighs on MERIDIAN ENERGY, which sees a downgrade to Negative

The independent financial analyst theScreener just requalified the general evaluation of MERIDIAN ENERGY (NZ), active in the Conventional Electricity industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Negative. As of the analysis date January 28, 2022, the closing price was NZD 4.34 and its target price was estimated at NZD 3.94.

29/01/2022 1 EN

Underlying

Meridian Energy Limited

Meridian Energy is engaged in the generation, trading and retailing of electricity, related products and services. Co. operates in three reportable segments. The wholesale segment includes generation and sale of electricity to wholesale market; purchase and resale of electricity to industrial and retail customers; development of New Zealand renewable energy generation opportunities; and provision of risk management and dam consultancy services. The retail segment includes purchase and sale of electricity to retail customers; and provision of metering services. The international segment includes generate, sale and retail of electricity within Australia and United States.

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NZMELE0002S7 NZX New Zealand

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TheScreener

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An unfavourable environment weighs on MERIDIAN ENERGY, which sees a downgrade to Negative

Empowering Investors

Meridian Energy Ltd: 1 director

Morningstar | MEZ Updated Star Rating from 15 Jul 2019

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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