Altri, GreenVolt, REN and Sonae shares are ESN’s top picks in Portugal

  • ECO News
  • 24 January 2022

ESN, which has CaixaBI as a partner, has selected four national listed companies for the top picks in Portugal, Spain, France and Italy.

There are four Portuguese listed companies among the top picks of the pan-European network of banks and brokers ESN, whose partner in Portugal is CaixaBI. The companies are Altri, GreenVolt, REN and Sonae, which appear on a list made by 17 analysts targeting the Portuguese, Spanish, French and Italian markets.

Sonae is the one with the greatest upside potential in relation to the target price: ESN sees their shares rise 48.7% to €1.50. BPI/CaixaBank also referenced Azevedo’s family holding company this Monday.

It is followed by Altri, which presents a target price of €7.8 for analysts, a valuation that gives it a potential of 35%. Its renewable energy subsidiary GreenVolt presents an upside of 22.3% through a target price of €7.5.

In turn, ESN assigns a target price of €3.1 to REN, anticipating that shares may appreciate 21.6% next year.

The four national listed companies appear in the list of preferred companies that also includes the Spanish Mapfre, Audax, Global Dominion, Indra Sistemas and Sacyr, the French Publicis, Bonduelle, Sopra Steria Group and Verallia and the Italian Arnoldo Mondadori Editore, Dovalue Leonardo and Orsero.