Enel: confirms buy rating
(CercleFinance.com) - Enel has unveiled its outlook for 2025-2027, expecting EBITDA to grow to between E24.
1bn and E24.5bn by 2027, with net income of E7.1bn to E7.5bn.
UBS points out that the 2025-27e plan emphasizes growth, increased investment in networks and higher dividends. The analyst confirms a Buy recommendation on the stock, with a TP unchanged at E8.25.
Targets for 2027 are broadly in line with consensus and UBS' estimates, the broker says.
No surprises (positive or negative) explain today's weak share price performance; we maintain our Buy position, UBS adds.
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