Connect with us

Hi, what are you looking for?

Alive Business PlanAlive Business Plan

Stock

Enel raises 2027 targets, boosts capex; Jefferies reiterates ‘buy’

Investing.com — Enel’s (ETR:ENEI) updated 2025-2027 guidance posted a mixed yet cautiously optimistic outlook.

The utility giant projects an EBITDA range of €22.9-23.1 billion for FY25 and €24.1-24.5 billion for FY27, marking an approximate 8.2% growth midpoint from 2024 to 2027.

While net income guidance indicates modest increases, the shift in dividend policy is notable—raising the dividend per share floor from €0.43 to €0.46 for the FY25-27 period, reflecting a potential yield of 6.8%.

Key investment areas flagged an intensified focus on regulated grids, which will account for 60% of the revised gross capital expenditure of €43.1 billion—up 20% from the prior plan.

Renewables also remain central, aiming for a robust IRR spread of 300 basis points above the weighted average cost of capital (WACC).

Despite its positive growth trajectory, Enel is managing an anticipated rise in net debt, forecasting a net debt-to-EBITDA ratio of 2.5x by FY27, slightly up from 2.3-2.4x in FY26.

These figures align with the company’s broader strategy of balancing grid expansion with selective renewable investments.

Analysts at Jefferies remain upbeat, maintaining a “buy” rating and boosting their price target by 12% to €9.00, a 33% upside from current levels.

Jefferies notes that while consensus estimates align closely with Enel’s targets, potential risks include regulatory uncertainties and fluctuating power prices.

This post appeared first on investing.com
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    The Gateway Pundit, a far-right website, published a note from its editor on Saturday acknowledging that two election workers in Georgia did not engage...

    Latest News

    New majorities in Congress, particularly when the incoming party has a new leader, offer the rare chance for the institution to take a breath...

    Latest News

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Investing

    JAKARTA (Reuters) -Indonesia has asked Alphabet (NASDAQ:GOOGL)’s Google and Apple (NASDAQ:AAPL) to block Chinese fast fashion e-commerce firm Temu in their application stores in...



    Disclaimer: alivebusinessplan.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 alivebusinessplan.com