Analistas Financieros

información para inversores

Analistas Financieros

  • Analista
    Precio-objetivo Recomendación Fecha
  • Axia
    8.30 Buy 24/08/2016
  • Número de teléfono

    +351 21 936 4447

    Correo electrónico

    maria.almaca@axiavg.com
  • Resumen del último informe realizado por este analista

    Axia initiated coverage with Buy recommendation and price target of €8.30. EDPR’s business model offers growth through the expansion of its installed capacity, focusing mainly in North America and specifically in the US, as the supportive policies for wind park developments are maintained and wind energy is becoming increasingly competitive vs. conventional energy.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Maria Almaça
    8.30 Buy 24/08/2016
  • Bank of America Merrill Lynch
    7.70 Buy 01/03/2017
  • Número de teléfono

    +44 20 77 748 817

    Correo electrónico

    pinaki.das@baml.com
  • Resumen del último informe realizado por este analista

    BofAML adjusts its price target to €7.70 from €8.00 on model updates, while maintains its Buy recommendation. EPS was raised based on depreciation accounting changes. According to the broker, underlying changes are modest and growth to 2020 continue to be solid.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Pinaki Das
    7.70 Buy 01/03/2017
  • Pinaki Das
    8.00 Buy 03/05/2016
  • Pinaki Das
    7.10 Buy 03/09/2015
  • BBVA
    7.80 Outperform 30/10/2017
  • Número de teléfono

    +34 91 537 0550

    Correo electrónico

    daniel.ortea@grupobbva.com
  • Resumen del último informe realizado por este analista

    BBVA updates EDPR’s valuation and raises price target from €7.25 to €7.80 that is now based on a 30-year asset life (vs 25 years previously). Outperform recommendation is maintained as the broker believes EDPR has a compelling equity story and offers an attractive upside potential.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Daniel Ortea
    7.80 Outperform 30/10/2017
  • Daniel Ortea
    7.25 Outperform 23/03/2017
  • Daniel Ortea
    7.25 Outperform 15/12/2016
  • Daniel Ortea
    7.50 Outperform 20/06/2016
  • Berenberg
    4.50 Sell 07/02/2017
  • Número de teléfono

    +44 20 320 77887

    Correo electrónico

    lawson.steele@berenberg.com
  • Resumen del último informe realizado por este analista

    Berenberg decreases its price target from €6.60 to €4.50 and downgrades its recommendation to Sell on the back of rising bond yields, namely analyst view on Portuguese bond yield, and uncertainty over US market. Price target revision also considers change in depreciation policy from 25 to 30 years.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Lawson Steele
    4.50 Sell 07/02/2017
  • Lawson Steele
    6.60 Hold 10/02/2016
  • Lawson Steele
    5.75 Buy 21/08/2014
  • BPI
    8.00 Buy 27/03/2017
  • Número de teléfono

    +351 22 607 4377

    Correo electrónico

    flora.mericia.trindade@bpi.pt
  • Resumen del último informe realizado por este analista

    BPI maintains Buy recommendation and decreases price target from €8.15 to €8.00 following updated estimates and assumptions, however, the broker states that the growing competitiveness of wind power and the increased useful life of wind turbines provide sector tailwinds. In addition, EDPR adds to it a clear underperformance vs peers and markets in general, visible growth targets, improving CF generation and enticing benchmark valuations from asset rotation deals.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Gonzalo Sanchez-Bordoña
    8.00 Buy 27/03/2017
  • Gonzalo Sanchez-Bordoña
    8.15 Buy 23/01/2017
  • Gonzalo Sanchez-Bordoña
    7.80 Buy 21/11/2016
  • Bryan, Garnier & Co
    6.30 Neutral 01/03/2017
  • Número de teléfono

    +33(0) 1 56 68 75 18

    Correo electrónico

    xcaroen@bryangarnier.com
  • Resumen del último informe realizado por este analista

    Bryan Garnier maintains price target at €6.30 along with Neutral recommendation. The broker considers that caution is necessary given the current lack of visibility on the regulatory and fiscal environment in the US and the high volatility on the group's bottom line.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Xavier Caroen
    6.30 Neutral 01/03/2017
  • Xavier Caroen
    6.30 Neutral 03/02/2017
  • Xavier Caroen
    7.50 Neutral 06/04/2016
  • Caixa BI
    7.60 Buy 28/02/2017
  • Número de teléfono

    +351 21 313 7300

    Correo electrónico

    helena.barbosa@caixabi.pt
  • Resumen del último informe realizado por este analista

    Caixa BI maintains price target of €7.60 and Buy recommendation despite the weak FY16 earnings momentum. The analyst considers that EDPR's investment case remains solid with superior growth, high visibility on growth targets and the ongoing delivery of asset rotation transactions.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Helena Barbosa
    7.60 Buy 28/02/2017
  • Helena Barbosa
    7.60 Buy 09/01/2017
  • Helena Barbosa
    7.70 Buy 26/07/2016
  • Citigroup
    6.85 Neutral 31/10/2017
  • Número de teléfono

    +44-20-7986-7395

    Correo electrónico

    akhil.bhattar@citi.com
  • Resumen del último informe realizado por este analista

    Citi maintains both Neutral recommendation and price target of €6.85. The broker believes that, despite offering robust growth pipeline compared to other renewables companies in Europe, the declining project IRRs and recent strong share price performance limit further material upside from these levels.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Akhil Bhattar
    6.85 Neutral 31/10/2017
  • Akhil Bhattar
    6.85 Neutral 02/10/2017
  • Akhil Bhattar
    6.85 Neutral 31/03/2017
  • Akhil Bhattar
    6.50 Neutral 01/03/2017
  • Deutsche Bank
    7.60 Buy 27/02/2017
  • Número de teléfono

    +34 91 335 5898

    Correo electrónico

    virginia.sanz-de-madrid@db.com
  • Resumen del último informe realizado por este analista

    Deutsche Bank reiterates its Buy rating and the price target of €7.60 on the back of the analyst vision of EDPR as one of the best opportunities to invest in the renewable theme supported by the growth the company will achieve over the next 4 years.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Virginia Sanz de Madrid
    7.60 Buy 27/02/2017
  • Virginia Sanz de Madrid
    8.00 Buy 10/05/2016
  • Virginia Sanz de Madrid
    8.00 Buy 12/01/2016
  • Exane BNP
    8.00 Overweight 20/09/2017
  • Número de teléfono

    +34 91 114 83 07

    Correo electrónico

    manuel.palomo@exanebnpparibas.com
  • Resumen del último informe realizado por este analista

    Exane BNP increased price target from €6.8 to €8.0 with recommendation upgraded from Neutral to Overweight mainly due to the growth prospects, that appear robust with high visibility vs. the sector.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Manuel Palomo
    8.00 Overweight 20/09/2017
  • Manuel Palomo
    6.80 Neutral 18/07/2017
  • Manuel Palomo
    6.40 Neutral 20/03/2017
  • Goldman Sachs
    7.40 Neutral 06/07/2017
  • Número de teléfono

    +44 20 777 48817

    Correo electrónico

    manuel.losa@gs.com
  • Resumen del último informe realizado por este analista

    Goldman Sachs revised price target upwards to €7.40, with Neutral recommendation unchanged. Price revision reflects the valuation roll-forward to 2018 earnings.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Manuel Losa
    7.40 Neutral 06/07/2017
  • Manuel Losa
    7.10 Neutral 12/04/2017
  • Manuel Losa
    6.00 Neutral 15/03/2017
  • Grupo CIMD
    7.50 Neutral 09/10/2017
  • Número de teléfono

    +351 211 201 342

    Correo electrónico

    aseladas@grupocimd.com
  • Resumen del último informe realizado por este analista

    Grupo CIMD updates price target to €7.50 from €6.60 with recommendation upgraded to Neutral from Reduce. The Year-end rollover added €50 cents; the change in P&L estimates added €15 cents, while the change at the Balance Sheet level contributed positively with €15 cents. The inclusion of UK offshore farm added €10 cents.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • António Seladas
    7.50 Neutral 09/10/2017
  • António Seladas
    6.60 Reduce 05/09/2017
  • António Seladas
    6.60 Reduce 12/07/2017
  • Haitong
    6.75 Neutral 24/07/2017
  • Número de teléfono

    +351 213 302 276

    Correo electrónico

    Jorge.Guimaraes@haitongib.com
  • Resumen del último informe realizado por este analista

    Haitong maintains Buy recommendation on EDPR, and adjusts price target from €7.90 to €6.75 in order to reflect the price offered by EDP in the tender offer.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Jorge Guimarães
    6.75 Neutral 24/07/2017
  • Jorge Guimarães
    7.90 Buy 07/03/2017
  • Jorge Guimarães
    8.00 Buy 12/01/2017
  • HSBC
    7.80 Buy 06/11/2017
  • Número de teléfono

    +34 91 456 6240

    Correo electrónico

    pablo.cuadrado@hsbc.com
  • Resumen del último informe realizado por este analista

    HSBC increases price target from €7.50 to €7.80 and maintains Buy recommendation as the firm believes the stock offers sector leading earnings growth underpinned by solid growth in the renewables sector, improved cash flow generation and solid valuation appeal looking at capacity or CF yield metrics.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Pablo Cuadrado
    7.80 Buy 06/11/2017
  • Pablo Cuadrado
    7.50 Buy 25/01/2017
  • Pablo Cuadrado
    7.70 Buy 27/05/2016
  • Pablo Cuadrado
    7.50 Buy 08/02/2016
  • JB Capital
    8.00 Neutral 25/10/2017
  • Número de teléfono

    +34 91 794 05 34

    Correo electrónico

    jmartinssoares@jbcm.com
  • Resumen del último informe realizado por este analista

    JB Capital Markets updates EDPR’s valuation to 2018, adding the new UK offshore wind project and updating the exchange rates and remuneration in Poland. All things considered, price target remains at €8.0 and Neutral recommendation is unchanged.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • José Martins Soares
    8.00 Neutral 25/10/2017
  • José Martins Soares
    8.00 Neutral 06/07/2017
  • José Martins Soares
    8.00 Buy 04/05/2017
  • JP Morgan
    7.80 Overweight 01/11/2017
  • Número de teléfono

    +34 91 516 1557

    Correo electrónico

    javier.x.garrido@jpmorgan.com
  • Resumen del último informe realizado por este analista

    JP Morgan increases price target from €6.70 to €7.80 after a model update to reflect quarterly results, while maintains Overweight recommendation as they see EDPR as the only proposition in Iberia that combines positive earnings momentum, limited regulatory risk and clear medium term growth prospects.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Javier Garrido
    7.80 Overweight 01/11/2017
  • Javier Garrido
    6.70 Overweight 20/12/2016
  • Javier Garrido
    6.50 Overweight 16/02/2015
  • Javier Garrido
    5.30 Overweight 28/03/2014
  • Kepler Cheuvreux
    7.80 Buy 24/08/2017
  • Número de teléfono

    +34 914 36 5113

    Correo electrónico

    jporta@keplercheuvreux.com
  • Resumen del último informe realizado por este analista

    Kepler Cheuvreux increases price target from €7.6 to €7.8 due to: 1) on the negative side, the impact of the lower US dollar; 2) on the positive side, the fine-tuning of net debt and tax equity liabilities, and a moderate reduction in the average WACCs (mainly in Portugal and rest of Europe - unchanged in Spain and the US).

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Jose Porta
    7.80 Buy 24/08/2017
  • Jose Porta
    7.60 Buy 12/07/2017
  • Jose Porta
    7.70 Buy 01/03/2017
  • Macquarie
    6.75 Neutral 06/07/2017
  • Número de teléfono

    +44 20 3037 4232

    Correo electrónico

    jose.ruiz@macquarie.com
  • Resumen del último informe realizado por este analista

    Macquarie adjusts price target to €6.75 from €5.90 after the Portuguese stock market watchdog approved the offer for EDPR minorities. Recommendation remains unchanged at Neutral.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • José Ruiz
    6.75 Neutral 06/07/2017
  • José Ruiz
    5.90 Neutral 01/03/2017
  • José Ruiz
    5.90 Neutral 14/12/2016
  • Morgan Stanley
    8.10 Equal-weight 31/10/2017
  • Número de teléfono

    +44 20 7677 7167

    Correo electrónico

    carolina.dores@morganstanley.com
  • Resumen del último informe realizado por este analista

    Morgan Stanley increases price target from €6.75 to €8.10 and maintains Equal-weight recommendation as, while they see strong value to EDPR and potential to trade towards their bull case of €10.50 (in line with renewables' M&A valuation), the firm believes limited liquidity and uncertainty around the EDPR target capital structure and future capex plan could be an overhang.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Carolina Dores
    8.10 Equal-weight 31/10/2017
  • Carolina Dores
    6.75 Equal-weight 10/07/2017
  • Carolina Dores
    8.10 Overweight 14/03/2017
  • Carolina Dores
    8.00 Overweight 04/11/2016
  • Natixis
    6.90 Neutral 01/03/2017
  • Número de teléfono

    +33 15 855 0516

    Correo electrónico

    philippe.ourpatian@sec.natixis.com
  • Resumen del último informe realizado por este analista

    Natixis maintains Neutral recommendation and the price target of €6.90, following the presentation of the 2016 results, which were globally in line with the firm’s expectations at operating level, but missed expectations as regards net attributable profit. Price target obtained using the DCF valuation method.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Philippe Ourpatian
    6.90 Neutral 01/03/2017
  • Philippe Ourpatian
    6.90 Neutral 27/07/2016
  • Philippe Ourpatian
    6.40 Neutral 25/02/2016
  • Sabadell
    8.20 Buy 27/02/2017
  • Número de teléfono

    +34 91 782 9146

    Correo electrónico

    echevarriaf@bancsabadell.com
  • Resumen del último informe realizado por este analista

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Felipe Echevarría
    8.20 Buy 27/02/2017
  • Felipe Echevarría
    8.20 Buy 10/10/2016
  • Felipe Echevarría
    7.90 Buy 30/06/2016
  • Santander
    7.70 Buy 27/03/2017
  • Número de teléfono

    +34 91 289 3346

    Correo electrónico

    bmugiro@gruposantander.com
  • Resumen del último informe realizado por este analista

    Santander decreases price target from €7.8 to €7.7 maintaining Buy recommendation. The broker believes EDPR’s long-term outperformance is justified by its excellent assets, which are young, have above-standard load and availability factors and little exposure to merchant prices; moreover, it is in one of the few segments of the electricity business with growth prospects and it is not affected by the technological disruption; in addition its strategic plan looks reasonable and achievable.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Bosco Mugiro
    7.70 Buy 27/03/2017
  • Bosco Mugiro
    7.80 Buy 26/05/2016
  • Bosco Mugiro
    6.50 Buy 12/09/2014
  • Société Générale
    7.40 Hold 31/10/2017
  • Número de teléfono

    +34 91 589 3913

    Correo electrónico

    jorge.alonso@sgcib.com
  • Resumen del último informe realizado por este analista

    Societe Generale upgrades price target from €7.15 to €7.40 and maintains Hold recommendation considering 9M17 results. While the firm recognize the attractive earnings growth, it believes the positives are priced in and some uncertainty persists in the sector.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Jorge Alonso
    7.40 Hold 31/10/2017
  • Jorge Alonso
    7.15 Hold 12/09/2017
  • Jorge Alonso
    6.30 Hold 19/01/2017
  • Jorge Alonso
    7.00 Hold 04/11/2016
  • UBS
    8.00 Buy 28/02/2017
  • Número de teléfono

    +44 20 7567 0716

    Correo electrónico

    rui.dias@ubs.com

    Analista desde

    10/10/2017
  • Resumen del último informe realizado por este analista

    UBS reiterates its Buy rating, owing to the dynamic value-accretive growth, the large, unwarranted discount to fair value and the scarcity value brought to the stock which is now a seemingly unique investment proposition in Europe. Its price target is unchanged at €8.00 and is derived from a DCF on existing asset base.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Hugo Liebaert
    8.00 Buy 28/02/2017
  • Hugo Liebaert
    8.00 Buy 19/01/2017
  • Hugo Liebaert
    9.00 Buy 18/10/2016