Homeluxury bag → The 10 values ​​to s...

The 10 values ​​to squeeze the stock market rally in 2022

Of the 13 European stocks chosen by Citi for 2022, Iberdrola is the only Spanish representative. The bank's analysts believe that, thanks to its renewable platform, the company is well positioned to benefit from long-term demand expectations. "The increase in cash flow and the delay in the execution of the investment plan should give the company a competitive advantage to the balance sheet," they point out.

To financial health, experts add the development of long-term electricity purchase contracts in Europe in general and in Spain in particular, which will help improve the visibility of income. "We hope that financial sustainability will be used by the company to raise the dividend in the first quarter of next year," they remark. Shareholder remuneration is one of the incentives for utilities. Currently, Iberdrola's dividend yield is above 5%.

Although in 2021 the correction has been imposed on Iberdrola (down 13.4%), the consensus of the analysts consulted by Bloomberg gives it a potential of 18.7%, up to 11.57 euros. This optimism is also reflected in the recommendations. The company lacks advice to buy. Experts are divided between buy (66.7%) and hold (33.3%).

Tags: 

Category

Hot Articles

  • 19/05/2022
  • 04/02/2022
  • 25/07/2022
  • 05/02/2022
  • 03/02/2022
  • 25/08/2022
  • 07/02/2022
  • 25/07/2022