EDF: Oddo maintains buy rating and TP
(CercleFinance.com) - This morning, EDF published 9m sales of 48.
8 billion euros, pretty much (indeed, slightly above expectations (48.5 billion euros).
The group also confirmed its EBITDA target and its aims for 2022.
Oddo says that this publication is encouraging in the sense that the group is in a position to confirm its short to medium-term targets.
Oddo maintient ainsi sa recommandation d'achat sur le titre, avec un objectif de cours de 13 euros.
Oddo therefore maintains its buy rating on the stock, along with a target price of 13 euros (13% upside potential).
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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.
8 billion euros, pretty much (indeed, slightly above expectations (48.5 billion euros).
The group also confirmed its EBITDA target and its aims for 2022.
Oddo says that this publication is encouraging in the sense that the group is in a position to confirm its short to medium-term targets.
Oddo maintient ainsi sa recommandation d'achat sur le titre, avec un objectif de cours de 13 euros.
Oddo therefore maintains its buy rating on the stock, along with a target price of 13 euros (13% upside potential).
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.