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
    7.72 Outperform 05/02/2018
  • Número de teléfono

    +34 91 537 0550

    Correo electrónico

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

    BBVA decreased price target from €8.00 to €7.72 based on a limited impact from the Spanish regulatory change. The broker believes EDPR’s growth profile remains attractive and maintains its Outperform recommendation.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Daniel Ortea
    7.72 Outperform 05/02/2018
  • Daniel Ortea
    7.80 Outperform 30/10/2017
  • Daniel Ortea
    7.25 Outperform 23/03/2017
  • 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
    8.10 Neutral 01/02/2018
  • Número de teléfono

    +34 913289852

    Correo electrónico

    gonzalo.sanchez.bordona@bpi.pt
  • Resumen del último informe realizado por este analista

    BPI increased price target from €8.00 to €8.10 based on improved operational performance, lower financial cost on the back of USD depreciation and a lower US tax rate. The broker maintains its Neutral recommendation due to limited stock liquidity and questionable visibility post-2020.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Gonzalo Sanchez-Bordoña
    8.10 Neutral 01/02/2018
  • Flora Trindade
    8.00 Neutral 31/03/2017
  • Flora Trindade
    8.00 Buy 27/03/2017
  • 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
    7.10 Neutral 04/01/2018
  • Número de teléfono

    +351 21 313 7300

    Correo electrónico

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

    Caixa BI decreases EDPR´s price target to €7.10 from €7.60 and downgrades its recommendation to Neutral. The analyst believes EDPR´s investment case remains solid and unchanged with interesting growth options. However, it highlights that market’s liquidity has decreased significantly and company’s fundamentals has lost importance.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Helena Barbosa
    7.10 Neutral 04/01/2018
  • Helena Barbosa
    7.60 Buy 28/02/2017
  • Helena Barbosa
    7.60 Buy 09/01/2017
  • 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
  • Deutsche Bank
    7.60 Buy 14/12/2017
  • 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 increases EDPR´s target price from €7.80 to €8.20 while maintains Buy recommendation on the view that EDPR’s shares are trading cheap along with the new targeted opportunities with offshore wind and solar pv ex-US.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Virginia Sanz de Madrid
    7.60 Buy 14/12/2017
  • 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
    7.60 Neutral 12/01/2018
  • Número de teléfono

    +44 20 777 48817

    Correo electrónico

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

    Goldman Sachs increased price target from €7.40 to €7.60 to reflect a new power price scenario of €46/MWh on average (vs. €43 previously on average).

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Manuel Losa
    7.60 Neutral 12/01/2018
  • Manuel Losa
    7.40 Neutral 06/07/2017
  • Manuel Losa
    7.10 Neutral 12/04/2017
  • Grupo CIMD
    7.45 Neutral 07/02/2018
  • Número de teléfono

    +351 211 201 342

    Correo electrónico

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

    Grupo CIMD decreased price target from €7.50 to €7.45 and maintains its Neutral recommendation. The broker updated its estimates based on EDPR’s operational numbers as well as regulatory changes in Europe and North America.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • António Seladas
    7.45 Neutral 07/02/2018
  • António Seladas
    7.50 Neutral 09/10/2017
  • António Seladas
    6.60 Reduce 05/09/2017
  • Haitong
    8.00 Buy 06/02/2018
  • Número de teléfono

    +351 213 302 276

    Correo electrónico

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

    Haitong increased price target from €6.75 to €8.00 and upgraded its recommendation to Buy given the strong long term appeal of renewable assets backed on a combination of strong political support in most regions with improving economics (LCOEs are falling faster than expected), expected new asset rotation by EDPR or M&A in Iberia and the backstop created in EDPR shares after minority buyout attempt from EDP.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Jorge Guimarães
    8.00 Buy 06/02/2018
  • Jorge Guimarães
    6.75 Neutral 24/07/2017
  • Jorge Guimarães
    6.80 Neutral 07/03/2017
  • 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
  • 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
  • Kepler Cheuvreux
    7.80 Buy 02/01/2018
  • Número de teléfono

    +34 914 36 5113

    Correo electrónico

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

    Kepler Cheuvreux maintains price target of €7.80 and Buy recommendation despite the passage of US tax reform mainly based on the value of the existing asset base. All in all, the broker believes that the impact of the new setup should be slightly positive.

  • Histórico de Recomendaciones
    Precio-objetivo Recomendación Fecha
  • Jose Porta
    7.80 Buy 02/01/2018
  • Jose Porta
    7.80 Buy 24/08/2017
  • Jose Porta
    7.60 Buy 12/07/2017
  • 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
  • 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
  • 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