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RBC Capital Reaffirms Their Buy Rating on Corporacion Acciona Energias Renovables SA (5BP)

RBC Capital Reaffirms Their Buy Rating on Corporacion Acciona Energias Renovables SA (5BP)

RBC Capital analyst Fernando Garcia maintained a Buy rating on Corporacion Acciona Energias Renovables SA (5BPResearch Report) yesterday and set a price target of €23.00. The company’s shares closed last Wednesday at €17.84.

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According to TipRanks, Garcia is a 5-star analyst with an average return of 11.0% and a 67.70% success rate.

Corporacion Acciona Energias Renovables SA has an analyst consensus of Hold, with a price target consensus of €21.05.

Based on Corporacion Acciona Energias Renovables SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €798 million and a net profit of €32.5 million. In comparison, last year the company earned a revenue of €955 million and had a net profit of €202.5 million

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