Santander raises target price for EDP and cuts target price for EDP Renováveis

The investment house raised its target price for EDP from €4.30 to €4.50 per share, maintaining its buy recommendation. For EDPR, the target price was lowered from €14.20 to €10.
Banco Santander raised EDP's price target and cut EDP Renováveis' (EDPR) price.
The investment house raised EDP's target price from 4.30 euros to 4.50 euros per share, maintaining its buy recommendation.
For EDPR, the target price was lowered from 14.20 euros to 10 euros, maintaining a neutral recommendation.
EDP shares are tracked by 21 investment houses. The average price target is around 4.107 euros.
The bonds are trading at 3.670 euros this Tuesday, falling -0.54%.
EDP Renováveis rose 0.21% to 9.72 euros. The average price target of analysts is around 11.41 euros.
jornaleconomico