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Elia: price target raised by Barclays
(CercleFinance.com) - Barclays reiterates its 'overweight' recommendation on Elia Group, with a price target raised from €90 to €100, 'noting that investor attention is returning to the superior growth profile of RAB (regulated asset base) and EPS'.
The broker justifies its target upgrade on the Belgian electricity transmission provider's stock by the increase in capital expenditure, the solid German operating performance and the removal of a capital increase discount in its valuation. Copyright (c) 2025 CercleFinance.com. All rights reserved. The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy. |
23/04/2025 13:45
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