Endesa SA
ELE: XMAD (ESP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.p | LOCK|<!> | LOCK|&cbB?> |
Endesa Earnings: Boosted by a Low Comparison Basis; 2024 Guidance Confirmed
We confirm our EUR 20 fair value estimate after no-moat Endesa released solid nine-month results and confirmed its 2024 guidance. Shares appear fairly valued.
