A fairly good set of H1 figures, but much of it comes from the already announced good performance in trading activities. The group tried to be reassuring about the asset swap by affirming that everything is on track. We will slightly increase our target price to reflect the increase in achieved price in FY20, but we will, however, remain on the negative side as most of the positives are already integrated in our target price.
14 Aug 2019
H1 backed by the already announced good trading performance
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H1 backed by the already announced good trading performance
RWE AG (RWE:WBO) | 0 0 1.2% | Mkt Cap: 9,772m
- Published:
14 Aug 2019 -
Author:
Auguste DERYCKX LIENART -
Pages:
3
A fairly good set of H1 figures, but much of it comes from the already announced good performance in trading activities. The group tried to be reassuring about the asset swap by affirming that everything is on track. We will slightly increase our target price to reflect the increase in achieved price in FY20, but we will, however, remain on the negative side as most of the positives are already integrated in our target price.