BofA ups Solaria after 'momentum-driven' sell-off, shares rise

SOLARIA ENERGIA Y MEDIO AMBIENTE SA

19/08/2026 11:05

** BofA Global Research upgrades Solaria Energia y Medio Ambiente SLRS.MC to "buy" from "neutral", saying a recent sell-
off improved risk-reward
** Shares in the Spanish renewable energy group rise 3.9%
** The broker says shares have fallen more than 35% since their late-April peak of about €26 with no clear negative
headline
** It attributes the decline to momentum-driven selling, which creates a better entry point ahead of the capital markets day in November
** BofA points to upside from new solar capacity added in late 2025 and early 2026 as well as from grid connection sales
to data centres and expansion beyond Spain
** Out of 18 analysts covering Solaria, eight rate it "strong buy" or "buy", eight "hold" and two "sell" - LSEG data
     
     

(Reporting by Mireia Merino)
((Mireia.merino@thomsonreuters.com))