Encavis: Oddo BHF still a buyer
(CercleFinance.com) - On Wednesday morning an Oddo BHF analyst confirmed his "Buy" recommendation on the share of German renewable energy group Encavis, with a target price of 13.
50 euros (current price: 15.2 euros, down 0.6%).
However, the broker's target price represents downside potential of 12%.
The share has risen by 60% YTD and by 85% since its low of 23 March. It has signifantly outperformed its sector and is now trading in line - indeed at a slight premium relative to its peers, Oddo BHF says.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
50 euros (current price: 15.2 euros, down 0.6%).
However, the broker's target price represents downside potential of 12%.
The share has risen by 60% YTD and by 85% since its low of 23 March. It has signifantly outperformed its sector and is now trading in line - indeed at a slight premium relative to its peers, Oddo BHF says.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.