AlphaValue ups Acciona to 'reduce' seeing limited upside following strong rally

Corporacion Acciona Energias Renovables SA

16/04/2026 16:02

** AlphaValue upgrades Acciona ANA.MC to "reduce" from "sell," seeing limited remaining valuation upside at current levels after a strong rally

** Says the Spanish renewable energy and infrastructure firm has improved materially over past two years with Nordex's NDXG.DE significant turnaround and Acciona Energia's ANE.MC asset rotation strategy

** Acciona is the main shareholder in Germany-based wind turbine maker Nordex

** Analysts say profitability across Infrastructure and Property Development divisions has also risen markedly, with both delivering margins above expectations

** The brokerage's stance is now "considerably more constructive," however, it says gains are largely priced in after ANA surged 89% in 2025 and a further 29% year-to-date

** Out of 14 analysts that cover Acciona, ​one rates the stock "strong buy," five rate "hold" and eight​ rate the stock "strong sell" or "sell" - LSEG data

 (Reporting by Marta Serafinko in Gdansk)

 ((marta.serafinko@thomsonreuters.com; +48 58 769 66 00;))