EQS-News: Photon Energy Group Share Receives ‘Buy’ Recommendation from mBank
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Thursday, June 1, 2023
Photon, Clean technology, John D Wood & Co., Photon energy, PFAS, RES, WSE, MBank, Research, CZK, Commerzbank, PLN, EUR, DSR, EBITDA, ESCO, Growth, FSX, Security (finance), Renewable energy
Photon Energy Group’s share received a ‘Buy’ recommendation with a target price of PLN 18.54 (approx.
Key Points:
- Photon Energy Group’s share received a ‘Buy’ recommendation with a target price of PLN 18.54 (approx.
- The analysts believe that Photon Energy Group is perfectly positioned to leverage the fast growing demand for energy services driven by the global shift to renewables.
- Amsterdam – 29 May 2023 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’, the ‘Group’ or the ‘Company’) announces that its stock has been given a ‘Buy’ recommendation by mBank’s research house.
- mBank estimates that even with conservative assumptions as to power prices, the annual EBITDA of Photon Energy Group can grow 60% in 3 years.