Voltalia: Invest Securities maintains Buy rating
(CercleFinance.com) - Invest Securities maintains its 'buy' rating on Voltalia shares, along with its E11.
6 target price, announcing a cautious approach that seems to be being instilled by the new CEO, ahead of its annual sales figures at the end of January.
It is common for caution when a new CEO takes office, and this goes hand in hand with the desire not to disappoint. With this in mind, we are adopting a conservative stance, the analyst says.
Pending the publication of annual results on 13 March, he leaves his 2024 expectations unchanged, lowers the published 2025 EBITDA to E237m and adjusts his 2026-27 EBITDA and FCF forecasts, without calling into question the 2023-27 financing plan.
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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.
6 target price, announcing a cautious approach that seems to be being instilled by the new CEO, ahead of its annual sales figures at the end of January.
It is common for caution when a new CEO takes office, and this goes hand in hand with the desire not to disappoint. With this in mind, we are adopting a conservative stance, the analyst says.
Pending the publication of annual results on 13 March, he leaves his 2024 expectations unchanged, lowers the published 2025 EBITDA to E237m and adjusts his 2026-27 EBITDA and FCF forecasts, without calling into question the 2023-27 financing plan.
Copyright (c) 2025 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.