Goldman Sachs initiated coverage of AGL Energy with a Neutral rating and A$10.35 price target. The firm estimates AGL will generate 75% of FY25 gross profit through its electricity portfolio which presents higher risk to unplanned coal plant outages, and uncertainty surrounding the company’s derivative position impact to earnings recently entering a short energy and capacity position in NSW.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AGLNF: