Citi Handlowy DM raises the target price of ENERGA SA shares to PLN 24.50 and reiterates recommedation „Neutral”

Citi Handlowy Brokerage House analysts in the report of 12 November this year kept their recommendation "Neutral" and also increased the target price of ENERGA SA shares from PLN 19.80 to PLN 24.50. Company’s valuation upgrade is driven by improvement in supply and generation divisions shown in the results. The main appeal of the stock remains, in analysts view, a sustainable, dividend stream. Report was issued at the price PLN 24.68.