Weekly renewables M&A round-up (Nov 4 - 8)
Nov 08, 2024 17:12 CESTHSBC keeps "overweight" rating on Sechilienne-Sidec
(ADPnews) - Mar 24, 2011 - HSBC has confirmed its "overweight" rating on French independent energy producer Sechilienne-Sidec (EPA:SECH), keeping the share price target at EUR 25.
According to the broker, the company's financial targets for 2011 are relatively cautious. However, HSBC considers that thermal energy and emerging markets will be the most important growth drivers for the group in the future.
Today, the shares in Sechilienne-Sidec were trading flat at EUR 19.305 on Euronext Paris at 1253 CET.
(EUR 1.0 = USD 1.413)
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