Bank of America Merrill Lynch recommends „Buy” with the target price of PLN 29.00

Analysts of Bank of America Merrill Lynch in their report of 12 November this year reiterated „Buy” recommendation for ENERGA SA shares with target price of PLN 29.00. Analysts point out significant improvement at the Ostroleka power plant, capex programme optimisation on the back of better efficiency in investment execution and largely regulated business profile. Report was issued at the price PLN 24.68.