Growth Investing - Nextera Energy Partners earnings - Growth Investing - InvestorVillage
This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: Growth Investing   /  Message Board  /  Read Message

 
 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message   Post Message   Post a Reply return to message boardtop of board
Msg  138 of 138  at  10/22/2020 7:30:47 PM  by

fyrisle


Nextera Energy Partners earnings

Credit Suisse and Wells Fargo are overweight on NEP with target prices of $69 and $73. They believe much of NEER's large pipeline of projects will be dropped down to NEP and Credit Suisse says that will allow NEP's distribution to grow at a 15% rate through 2024 while Wells Fargo projects 13% distribution growth through 2025. With close to a 4% yield, that would return between 17-19% annually if it was currently at a fair price and it grew on par with its distributions. Wells Fargo also notes that "NEER is evaluating 50 small green hydrogen opportunities in the power/transportation/industrial sectors as the company starts to dip the toes a little further into hydrogen" which may open up a new field of growth opportunities. 
 


     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 0     Views: 0
Previous Message   Post Message   Post a Reply return to message boardtop of board






Financial Market Data provided by
.
Loading...