HDF ENERGY : Oddo BHF lowers its target price
This is clearly a disappointment, but not a surprise", says the research department, recalling that it had downgraded its opinion following the publication of the half-yearly results of this company specialized in electricity from hydrogen.
It leaves its estimates for 2023 unchanged, with EBITDA expected at -8.4 million euros and net income, group share at -6 million, but revises downwards its 2024 sales estimate to 24 million, with EBITDA at -4 million and a breakeven target in 2025.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction