EDP SA
EDP: XLIS (PRT)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€3.00 | Mgx | Vvvmzzjzg |
EDP Sets 2026 Guidance Above Our Estimates; Will Launch a Tender Offer on EDP Brazil; Shares Cheap
We don’t expect to materially change our fair value estimate of EUR 6 for no-moat EDP after it announced an equity raise of EUR 1 billion to fund a tender offer for full ownership of subsidiary EDP Brazil.