2024-06-05 03:16:56 ET
Summary
- Fortum's recent quarterly results have been good, with solid FCF and improvements in leverage and credit rating.
- The company is facing challenges such as declining revenues and a potential dividend cut, but it has prepared well through optimization of its assets and leverage.
- Analysts have a target range of €11 to €18 for Fortum's stock, and the company has the potential to outperform market expectations.
Dear readers/followers,
I haven't covered Fortum publicly or on the free site for Seeking Alpha for some time - but I've covered it in our private investment community as well as on chat, where I have been clear about my bullish stance for Fortum Oyj (FOJCF) (FOJCY)....
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For further details see:
Fortum Oyj: Significant Returns In A Short Time Since February