1705593272
ANALYSIS
The renewable energy company does not seem to be holding its own in the Ibex 35: Solaria has recorded a decline of 15% so far in 2024
Despite the growing commitment to renewable energy in Europe due to the commitment to the energy transition, Solaria does not raise its head. What is Solaria punished for? In 2024 it will decrease by 15%. We analyzed the listed company’s value and prospects with Ignacio Cantos, investment director at atl Capital.
Listen to it below, along with analysis of the rest of the day’s leading readings Podcast:
Key of the day on the Spanish stock exchange
Today we take a look at Ferrovial, Telefónica, Repsol, Solaria, Indra and ACS with Ignacio Cantos, Investment Director at atl Capital.
We also analyzed the behavior of the stock and the prospects for Solaria with Álvaro Romero from Singular Bank.
Listen to it in the next one Podcast:
The closure of the market with Álvaro Romero
Álvaro Romero, senior equity analyst at Singular Bank, sheds light on Grifols’ situation and also analyzes other domestic securities such as Ferrovial, Aena, Solaria, Acciona and OHLA.
Bad tone on the stock market
Despite registration sharp climbs to heights That was three years ago, and thanks to bets on the energy transition, the value cannot rise significantly again.
In the last three years cumulative decline of almost 40% And it seems that 2024 hasn’t started well either, with the decline so far this year being 15%. This Tuesday he is at the top of the losses of the Ibex 35.
With today’s decline, Solaria completes 12 sessions in the red, marking its longest downtrend since 2008.
Nevertheless, it seems that the Analyst consensus remains confident in value. The expert average collected by Reuters gives the Spanish company a buy recommendation with a price target of 21.76 euros, which corresponds to a potential of more than 38%.
#Solaria #punished #Declines