+255%
total yield
of the stock
compared to
its 2003 price
9.5
euro cent
dividend
per share
1,248
million euro
of added value distributed
to local stakeholders

Complete transparency with the shareholders and the financial market on the creation of value

Hera provides the market with significant economic-financial information promptly facilitating the correct assessment of the same so as to facilitate the transfer of the value generated by operations to the listed shares.

In order to ensure the shareholders transparent disclosure, all the press releases which may influence the price of the stock are disclosed in real time. The communication is tailored and forwarded via various channels to all the categories of investors (institutional, SRI, private and retail, public institutions) and ensures accessibility to the main information both of an economic-financial and social and environmental nature.

Hera continues to make the greatest commitment so as to ensure a plurality of professional and independent appraisals on the company’s value. In this connection, the launch of new coverage is envisaged during 2018 which should offset the decrease of the analysts who followed the stock in 2017 due to reorganisations within the officers of the brokers. At year end, a net predominance of brokers (five out of seven) had a favourable opinion on Hera stock, while sales recommendations were absent. Supported by the economic results presented quarterly by the Group, the analysts expressed upwards assessments during the year, with the average target price which rose from Euro 2.77 to Euro 3.14 at the end of the period.

 

Hera share performance and average consensus compared

Appraisal and target price of the analysts which follow Hera stock
Company 2017
Banca Akros Buy 3.00
Banca IMI Buy 3.30
Equita Sim Hold 3.12
Intermonte Outperform 3.30
Kepler Cheuvreux Buy 3.30
MainFirst Neutral 2.85
Mediobanca Outperform 3.10
Average target price   3.14