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EDP Renovaveis, SA (GB:0ML1)
LSE:0ML1
EDP Renovaveis (0ML1) Share Forecast & Price Target
8 Followers
See the Price Targets and Ratings of:
0ML1 Analyst Ratings
Moderate Buy
7 Buy
6 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
0ML1 Stock 12 Month Forecast
Average Price Target
€16.21
▲(24.36% Upside)
| Highest Price Target€23.30 | Average Price Target€16.21 | Lowest Price Target€14.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Kepler Capital
Reiterated
04/24/24
Morgan Stanley
Reiterated
04/24/24
Deutsche Bank
Reiterated
04/15/24
Societe Generale
Downgraded
03/18/24
Goldman Sachs
€17.50
Buy
34.25%
Upside
Upgraded
03/01/24
EDP Renovaveis SA (EDPR.LS): Expectations have been reset: upgrade to 2024 | 3:10AM CET Despite the weak earnings momentum, we upgrade EDPR to Buy for three reasons: (i) we believe the new (and disappointing) guidance for this year has reset expectations, way beyond 2024; (ii) most of the 2024 earnings downgrades (triggered by the new guidance) reflect temporary factors that should normalize over the coming years; (iii) the stock already trades below our valuation of the existing assets (>€13/share) i.e. the shares are pricing in negative value for future growth. Our new €17.5 PT implies c.40% upside and combines our valuation of existing assets (1/4) and our DCF-SOTP (3/4), which values ten years of additions, at c.200 bp IRRs – WACC.
Exane BNP Paribas
€16.00
Buy
22.75%
Upside
Upgraded
02/29/24
EDP Renovaveis upgraded to Outperform from Neutral at Exane BNP ParibasEDP Renovaveis upgraded to Outperform from Neutral at Exane BNP Paribas
Banco Santander
€20.85
Hold
59.95%
Upside
Upgraded
06/23/23
EDP Renovaveis upgraded to Neutral from Underperform at Grupo SantanderEDP Renovaveis upgraded to Neutral from Underperform at Grupo Santander
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Bernstein
―
Hold
―
Reiterated
04/24/24
Best Analysts Covering EDP Renovaveis
Which Analyst Should I Follow If I Want to Buy GB:0ML1 and Sell After:
1 Month
3 Months
1 Year
Success Rate
38/52 ratings generated profit
Average Return
+24.28%
reiterated a buy rating 12 days ago
Copying Jose Porta's trades and holding each position for 1 Year would result in 73.08% of your transactions generating a profit, with an average return of +24.28% per trade.
2 Years
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
0ML1 Analyst Recommendation Trends
Rating
Dec 23
Jan 24
Feb 24
Mar 24
Apr 24
Strong Buy
3
2
1
1
2
Buy
5
3
2
3
6
Hold
4
7
10
13
11
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
12
12
13
17
19
Each month's total comprises the sum of three months' worth of ratings.
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0ML1 Financial Forecast
0ML1 Stock Forecast FAQ
What is GB:0ML1’s average 12-month price target, according to analysts?
Based on analyst ratings, EDP Renovaveis, SA’s 12-month average price target is €16.21.
What is GB:0ML1’s upside potential, based on the analysts’ average price target?
EDP Renovaveis, SA has 24.36% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is EDP Renovaveis, SA a Buy, Sell or Hold?
EDP Renovaveis, SA has a conensus rating of Moderate Buy, which is based on 7 buy ratings, 6 hold ratings and 0 sell ratings.
What is EDP Renovaveis, SA’s share price target?
The average share price target for EDP Renovaveis, SA is €16.21. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €23.30 ,and the lowest forecast is €14.00. The average share price target represents 24.36% Increase from the current price of €13.035.
The highest analyst share price target is €23.30 ,and the lowest forecast is €14.00. The average share price target represents 24.36% Increase from the current price of €13.035.
What do analysts say about EDP Renovaveis, SA?
EDP Renovaveis, SA’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.
How can I buy shares of EDP Renovaveis, SA?
To buy shares of GB:0ML1, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.