Redeia Corporacion SA
RED: XMAD (ESP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.F | LOCK|CV | LOCK|P$>jN<! |
Redeia Earnings: 2025 Guidance Set in Line With Our Expectations; Shares Fairly Valued
We confirm our EUR 17 fair value estimate after no-moat Redeia reported 2024 results in line with expectations and set 2025 guidance in line with our estimates. The dividend floor of EUR 0.80 is confirmed for 2024 and 2025. The shares look fairly valued.
