Redeia Corporacion SA
RED: XMAD (ESP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€27.20 | Ybf | Gzgvdgsy |
Redeia Earnings: Results in Line With Expectations; 2024 Guidance Confirmed
We confirm our EUR 16.50 fair value estimate after no-moat Redeia released first-half results in line with expectations and confirmed its 2024 guidance. Shares look fairly valued.