Top of the Street: E.ON, National Grid, Aedifica
28/05/2025 14:30
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Citigroup cuts Germany-based energy company E.ON EONGn.DE to "neutral" from "buy", citing its valuation at the upper end of its historical trading range ** National Grid NG.L offers limited upside at current share price, RBC says as it cuts the UK-based energy provider to "sector perform" from "outperform", adding there is no imminent catalyst for the stock, with some potential regulatory risk from RIIO-T3 draft determination ** Kepler Cheuvreux raises Belgian healthcare real estate company Aedifica AOO.BR to "buy" from "hold", saying the company has a future on a standalone basis in a scenario where the deal with Cofinimmo COFB.BR does not materialise; the merger itself offers great prospects from a financial point of view (*Analyst rankings from Thomson Reuters StarMine. The scale is from 1-star to 5-star with 5 being the best. Analysts are ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.) (Reporting by Athina Karolidou and Elviira Luoma) ((Athina.Karolidou@thomsonreuters.com, Elviira.Luoma@thomsonreuters.com))