|Over a month ago|
Polska Grupa Energetyczna upgraded to Buy from Hold at Societe Generale » 19:0510/2610/26/21
Societe Generale analyst…
Societe Generale analyst Bartlomiej Kubicki upgraded Polska Grupa Energetyczna to Buy from Hold with a price target of PLN 13.40, up from PLN 9.10. The analyst noted improving power generation fundamentals, "strong" earnings momentum in FY21 and the likelihood of provisions declining materially at year-end on the back of higher bonds yields.