(ADPnews) - Nov 29, 2010 - Oddo retained today its "buy" recommendation and its share price target of EUR 42 on French renewable energy company EDF Energies Nouvelles (EPA:EEN).
The company announced on Monday the commissioning of two new solar power plants in Italy with a combined capacity of 26.1 MWp.
The company has as objective to reach as a whole gross solar capacity installed or under construction of up to 500 MWp by 2012.
However, today in Paris, shares in EDF Energies Nouvelles had inched down 0.36% to EUR 29.305 at 1445 CET.
(EUR 1.0 = USD 1.321)
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