Parmantier & Cie. Reiterates Sell on 2G Energy With EUR 39 Price Target
Bitget2026/10/15 12:32- Parmantier & Cie reaffirmed Sell on 2G Energy on October 15, 2026, retaining its EUR 39 price target.
- The target implies roughly 29% downside from the October 14 Xetra closing price of EUR 54.85.
- First-half 2026 revenue fell 20% to EUR 136 million; EBIT dropped to EUR 0.8 million.
- Meeting annual guidance requires second-half revenue of EUR 304 million–EUR 354 million, generating roughly 98% of annual EBIT, the firm estimates.
- Operating cash flow of EUR 39.5 million relied on customer advances rising EUR 123.2 million, highlighting dependence on customer financing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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