PPC stock gains analyst backing as Jefferies sets 26.50 euro target
Published on 10/31/2026 at 00:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJefferies sees renewable growth
- Jefferies links PPC's outlook to renewable expansion across south-eastern Europe.
- The analysis highlights data centers as a potential extension of PPC's utility platform.
- Execution, leverage and regional electricity prices remain central to the investment case.
Jefferies began coverage of Public Power Corporation on Friday, October 30, 2026, with a Buy rating and a 26.50 euro price target, according to Euro2day. The broker sees PPC as differentiated exposure to electricity-market growth in south-eastern Europe, but says execution of the expansion plan remains critical.
The analysis forecasts average annual earnings-per-share growth of 17 percent from 2027 through 2030. Jefferies expects PPC to add about 10 GW of renewable capacity by 2030, lifting its portfolio from 7.1 GW to roughly 17 GW. Regional power prices, grid constraints and the need for flexible generation are cited as factors that could support the expansion.
Data centers broaden the strategy
Jefferies also points to data centers as an opportunity beyond traditional utility operations. PPC can combine land, renewable generation and grid infrastructure at former lignite sites in Western Macedonia. The proposed AWS project is presented as an early example of that strategy and is expected by the broker to contribute annualized EBITDA of 170 million euros by 2030.
PPC stock traded at 23.12 euros on Lang & Schwarz at 23:00 CET on Friday, October 30, 2026. Investors are weighing the growth potential against the capital requirements of the investment cycle and the expected rise in leverage before earnings and cash generation improve.
For the real-time quote of Public Power Corporation stock, the latest Lang & Schwarz price is the relevant intraday reference.
Public Power serves regional markets
Public Power Corporation generates, transmits and distributes electricity in Greece, Romania, Bulgaria and North Macedonia. Its activities include fossil-fuel, wind, solar and hydroelectric generation, electricity supply and trading, natural-gas trading, charging infrastructure and telecommunications services. The company is headquartered in Athens and operates as a regional utility whose profile is tied to south-eastern Europe and renewable expansion; the cited analysis compares its growth prospects with integrated European peers.
Public Power Corporation at a glance
- Company: Public Power Corporation S.A.
- ISIN: GRS434003000
- Ticker: PPC.AT
- Sector: Utilities
- Headquarters: Athens, Greece
- Lang & Schwarz price: 23.12 euros at 23:00 CET on October 30, 2026
European utility shares remain sensitive to power prices, financing costs and renewable-project execution. See current Euro Stoxx 50 market reports for the broader euro-area market backdrop.
