In the forecast, called “Electric Power Industry: sell, hold, buy?”, an analyst from the agency “Investcafe” Ivan Shipilov notes, that securities of several distribution electric grid companies, including JSC MOESK, look like the most attractive for purchasing this summer.
“The grid companies sector has been chosen for analysis, because this year all the power companies have found themselves under the pressure of adverse news connected with rates reduction and extension of RAB-rate regulation period for power grid companies. After the conventional May adjustment, the sector in question appears to be one of the most misjudged”, - as it is noted in the analytical review.
Among all the presented companies, the analyst recommends to buy MOESK’s shares, forecasted growth of which may equal at least 40% for the year. For MOESK, the predicted value of securities will amount to RUR 5 per share at the year-end.