Added to YB: 2024-08-14
Pitch date: 2024-08-09
NEX.PA [bullish]
Nexans S.A.
+6.24%
current return
Author Info
No bio for this author
Company Info
Nexans S.A. manufactures and sells cables in France, Canada, Norway, Germany, and internationally. It operates through PWR-Grid & Connect, PWR-Grid, PWR-Connect, PWR-Transmission, Industry & Solutions, and Other segments.
Market Cap
EUR 5.2B
Pitch Price
EUR 116.24
Price Target
N/A
Dividend
2.14%
EV/EBITDA
6.51
P/E
11.41
EV/Sales
0.59
Sector
Electrical Equipment
Category
growth
ClearBridge Global Value Improvers Strategy Portfolio Holding: Nexans S.A.
NEX.PA: French cable maker Nexans up on expected AI-driven demand boost for power & grid investment. Key products: offshore wind farm cables, subsea interconnections, power transmission, telecom networks, fiberoptics, electrical systems. Positive market reaction to potential growth in these sectors.
Read full article (1 min)