Engie: Oddo says trading at average discount of about 20%

(CercleFinance.com) - Oddo organised a roadshow yesterday with Judith Hartmann, CFO.


The group's strategy on renewables should be detailed at Engie's next CMD, scheduled for 18 May.

Oddo believes that Engie is looking to implement a multi-local strategy on which to base its development ambitions by geographical area in order to maximise the economies of scale of different operating sites.

Oddo confirms its Outperform rating on the stock with a target price of 16 euros.


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