
Kepler Capital Sticks to Their Buy Rating for EDP Renovaveis (0ML1)
In a report released on May 8, Jose Porta from Kepler Capital maintained a Buy rating on EDP Renovaveis (0ML1 – Research Report), with a price target of €14.00. The company's shares closed last Thursday at €8.10.
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According to TipRanks, Porta is ranked #1103 out of 9472 analysts.
Currently, the analyst consensus on EDP Renovaveis is a Moderate Buy with an average price target of €10.63.
Based on EDP Renovaveis' latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €508.44 million and a net profit of €142.06 million. In comparison, last year the company earned a revenue of €520.75 million and had a net profit of €14.83 million

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