Risk factor
Considerable default risk
Profitability factor
Excellent dividends
About
Ascopiave S.p.A. engages in the distribution of natural gas in Italy. It operates through Gas Distribution, Renewable Energy, and Other segments. The company holds concessions and direct assignments for the management of gas distribution in various municipalities; and provides services to users through a distribution network, as well as to catchment area. It also involved in the renewable energy and integrated water service sector; heat management and cogeneration activities; and production of energy from renewable sources through the management of hydroelectric, photovoltaic, and wind power plants. The company was founded in 1956 and is headquartered in Pieve di Soligo, Italy. Ascopiave S.p.A. is a subsidiary of Asco Holding SpA.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r
Target Price
The average target price of ASC.MI is 3.88 and suggests 40.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in