Accueil > Actualité
Actualite financiere : Actualite bourse

RWE: Oddo raises target price

( - Oddo BHF maintains its "outperform" rating on RWE shares, while trimming its target price for them from 48.
5 euros to 50 euros, as the increase in its short- and medium-term estimates more than offsets the rise in the WACC resulting from higher risk-free rates.

Believing that the outlook for 2023-24 will remain strong and above initial expectations, the broker has raised its 2022 EPS estimates for the German energy group by 71%, followed by respective 73% and 54% increases in 2023 and 2024 EPS estimates.

Although significant, this upgrade is mainly for the 2022-24 period, in which market stress is expected to be the greatest. Analysts expect profitability levels and market conditions to return to normal beyond that.

Copyright (c) 2022 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.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.