Citigroup analysts recommend "Buy" for ENERGA shares

Citigroup commenced issuing recommendations for ENERGA starting from the "Buy" recommendation. The target price of the shares was set on the level of PLN 19.00 and analysts added the shares of ENERGA to the list of preferred companies on the Polish market. The concentration on the regulated distribution segment, which generates ca. 70% of the Group’s adjusted EBITDA, and an attractive dividend policy were mentioned in the report as the greatest investment advantages.