Endesa stock: Jefferies raises target to EUR 37.00 pre-market little changed
Published on 10/21/2026 at 08:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget action and morning setup
- On October 19, 2026, Jefferies lifted its Endesa target to EUR 37.00 and kept a hold rating.
- The home-market context is Spain's IBEX 35.
- Endesa stock trades pre-market at EUR 42.38 at 8:32 a.m. CEST at Lang & Schwarz on October 21, 2026, plus 0.28 percent above the Xetra close of October 20, 2026.
- Jefferies forecast third-quarter EBITDA of EUR 1.30 billion, down 16 percent year over year.
On October 19, 2026, Jefferies raised its price target for Endesa to EUR 37.00 from EUR 35.00 and reiterated a hold rating, according to Bolsamania.com. Endesa stock trades pre-market at EUR 42.38 at 8:32 a.m. CEST at Lang & Schwarz on October 21, 2026, plus 0.28 percent above the Xetra close of October 20, 2026 (EUR 42.26).
Jefferies updates its view
The brokerage said the target increase reflected a higher valuation for Endesa's retail business and stronger profit forecasts. For the third quarter, Jefferies forecast EBITDA of EUR 1.30 billion, down 16 percent year over year, and cited a EUR 200 million restructuring provision. The report also described the retail business as a source of resilience through contract repricing and renewals at higher energy prices, according to Bolsamania.com.
Ahead of the Xetra open
The indication is EUR 0.12 above that reference. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Endesa stock.
How Endesa makes its money
Endesa earns revenue by producing, distributing and selling electricity in Spain and Portugal, alongside energy marketing and related services. The group's investor-relations materials cover its financial reporting and strategic plans. Market context: Market report IBEX 35.
