Latest news with #Porta
Business Insider
3 days ago
- Business
- Business Insider
Corporacion Acciona Energias Renovables SA (5BP) Gets a Buy from Kepler Capital
In a report released on July 18, Jose Porta from Kepler Capital maintained a Buy rating on Corporacion Acciona Energias Renovables SA, with a price target of €25.00. The company's shares closed last Friday at €23.40. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Porta covers the Utilities sector, focusing on stocks such as Red Electrica Corporacion, EDP Renovaveis, and Iberdrola. According to TipRanks, Porta has an average return of 6.5% and a 57.55% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for Corporacion Acciona Energias Renovables SA with a €21.10 average price target.
Business Insider
5 days ago
- Business
- Business Insider
EDP Energias de Portugal (0OF7) Receives a Buy from Kepler Capital
Kepler Capital analyst Jose Porta maintained a Buy rating on EDP Energias de Portugal on July 16 and set a price target of €4.90. The company's shares closed last Wednesday at €3.84. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Porta is a 4-star analyst with an average return of 6.5% and a 57.82% success rate. Porta covers the Utilities sector, focusing on stocks such as Red Electrica Corporacion, EDP Renovaveis, and EDP Energias de Portugal. Currently, the analyst consensus on EDP Energias de Portugal is a Moderate Buy with an average price target of €4.07, a 6.02% upside from current levels. In a report released on July 8, Deutsche Bank also maintained a Buy rating on the stock with a €3.90 price target.
Business Insider
16-07-2025
- Business
- Business Insider
Kepler Capital Sticks to Its Sell Rating for Naturgy Energy Group, S.A. (0NPV)
Kepler Capital analyst Jose Porta maintained a Sell rating on Naturgy Energy Group, S.A. on July 14 and set a price target of €24.10. The company's shares closed last Monday at €27.19. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Porta is a 5-star analyst with an average return of 7.5% and a 59.29% success rate. Porta covers the Utilities sector, focusing on stocks such as Red Electrica Corporacion, EDP Renovaveis, and Iberdrola. Naturgy Energy Group, S.A. has an analyst consensus of Hold, with a price target consensus of €26.25. 0NPV market cap is currently €26.06B and has a P/E ratio of 13.55.
The Age
19-06-2025
- Business
- The Age
Fashion out and menswear in as global retailers take prime city shops
However, the company is expanding globally and opened a new 370 sq m shop at Westfield Doncaster in May. Cushman & Wakefield's Cam Taranto and Teska Carson's Adrian Boutsakis did the deal. There is a significant shift under way in the CBD retail core, Taranto said. 'The internationals are back.' 'As major redevelopment projects along Bourke Street Mall near completion, we're aware of several global retailers currently in advanced negotiations with others confirmed, including JD Sports, TK Maxx, Mecca, Nike and Telstra,' he said. Porta timber Cedar Woods has splashed out $50 million on the Porta Timber factory in Fairfield for a 300-unit mixed use project. Porta, one of Melbourne's oldest businesses, moved to the 11,670 sq m site at 224-256 Heidelberg Road in 1921 and the family which owns the company has held the land for more than 100 years. The huge property sits on the corner of Yarra Bend Road, boasting city views and 250 metres frontage to swathes of parkland. It has flexible Commercial 1 zoning which allows for plenty of development options. Loading LAWD agents Lukas Byrns, Paul Callanan and Peter Sagar handled the campaign. Across the road in Darebin Council's Northcote, where the zoning remains industrial despite potential city and park views, another family business has sold its premises. The Rutledge family, who founded groundbreaking audio-visual technology company Rutledge Engineering, has operated out of 195-199 Heidelberg Road since 1998. Last week, they sold their 3048 sq m site for $5.5 million to an industrial developer who has plans to redevelop the site with new warehousing units. Stonebridge Property agents Dylan Kilner, Max Warren and Chao Zhang, with Gross Waddell ICR's Danny Clark and Andrew Waddell negotiated the transaction. Untitled Property's Peter Smyth was transaction manager. There was plenty of interest from owner-occupiers looking to move out of Collingwood and Fitzroy, where rising property values were leading to higher land tax, Kilner said. 'Securing 11 formal offers shows just how deep demand runs for well-positioned industrial land, even where significant upgrades are required,' Warren said. St Kilda Road A former Edwardian laundry in St Kilda that was converted into 10 offices in the 1990s has been put up for sale by its several strata-title owners. The building, known as The Gresham, is on 2872 sq m at 322-332 St Kilda Road, near the corner of Inkerman Street. The old laundry, with its distinctive art nouveau facade, was central to St Kilda's main shopping strip until the modernisation of the nearby Junction in the 1960s. The building is covered by both commercial 1 and mixed use zoning and is expected to fetch more than $14 million. Cushman & Wakefield's Daniel Wolman, Hamish Burgess, Anthony Kirwan and Leon Ma are handling enquiries. Up the road, in what was the leafy boulevard's office strip, Shakespeare Property Group is about to take quite the haircut on its office tower, the Flight Centre's old headquarters at 436 St Kilda Road. Loading Records show it paid $62.15 million for the building in 2020 as Flight Centre scrambled for cash amid the pandemic-related collapse in air travel. It was a good move for the travel agent. Shakespeare, the property arm of Prime Value Asset Management is likely to get just $35 million for the 11-storey tower, which is 70 per cent vacant. CBRE agents Nick Peden, Jamus Campbell, Kiran Pillai and Trent Hobart have the listing. Suburban offices Offshore training group AEMG Education has snapped up an office in Hawthorn, paying $7.5 million for 529 Burwood Road. The 992 sq m double-storey office is on an 1174 sq m site opposite Swinburne University. Savills agent James Latos, who did the deal with Julian Heatherich, Benson Zhou and Tim Grant, said the vendor had owned the property for more than 35 years. 'This is our team's fourth recent sale of a vacant freehold office to an owner-occupier,' Latos said. However, investors continue to creep back into the market. Nearby, on the corner of Riversdale Road, a private investor paid $4.31 million for 270 Auburn Road. Gorman Commercial's Jonathon McCormack, who negotiated the sale with Peter Bremner, said there was lots of interest from owner-occupiers for the partly vacant 738 sq m office. 'It's certainly an owner-occupier market but this one was ultimately bought by a local investor,' McCormack said. Servo sells A Sydney-based investor has splashed out $11.78 million on a new servo in Clayton South in a deal reflecting a relatively buoyant 6.17 per cent yield. The service centre at 548 Clayton Road, on the corner of Bourke Road, was developed by Jasbe Petroleum and completed in 2021. The 4150 sq m centre includes a BP petrol station, a Carl's Jr fast food joint, a car wash and two warehouses. They return $727,047 a year. The deal was negotiated by Cushman & Wakefield's George Davies, Raphael Favas, Oliver Hay and Leon Ma.
Sydney Morning Herald
19-06-2025
- Business
- Sydney Morning Herald
Fashion out and menswear in as global retailers take prime city shops
However, the company is expanding globally and opened a new 370 sq m shop at Westfield Doncaster in May. Cushman & Wakefield's Cam Taranto and Teska Carson's Adrian Boutsakis did the deal. There is a significant shift under way in the CBD retail core, Taranto said. 'The internationals are back.' 'As major redevelopment projects along Bourke Street Mall near completion, we're aware of several global retailers currently in advanced negotiations with others confirmed, including JD Sports, TK Maxx, Mecca, Nike and Telstra,' he said. Porta timber Cedar Woods has splashed out $50 million on the Porta Timber factory in Fairfield for a 300-unit mixed use project. Porta, one of Melbourne's oldest businesses, moved to the 11,670 sq m site at 224-256 Heidelberg Road in 1921 and the family which owns the company has held the land for more than 100 years. The huge property sits on the corner of Yarra Bend Road, boasting city views and 250 metres frontage to swathes of parkland. It has flexible Commercial 1 zoning which allows for plenty of development options. Loading LAWD agents Lukas Byrns, Paul Callanan and Peter Sagar handled the campaign. Across the road in Darebin Council's Northcote, where the zoning remains industrial despite potential city and park views, another family business has sold its premises. The Rutledge family, who founded groundbreaking audio-visual technology company Rutledge Engineering, has operated out of 195-199 Heidelberg Road since 1998. Last week, they sold their 3048 sq m site for $5.5 million to an industrial developer who has plans to redevelop the site with new warehousing units. Stonebridge Property agents Dylan Kilner, Max Warren and Chao Zhang, with Gross Waddell ICR's Danny Clark and Andrew Waddell negotiated the transaction. Untitled Property's Peter Smyth was transaction manager. There was plenty of interest from owner-occupiers looking to move out of Collingwood and Fitzroy, where rising property values were leading to higher land tax, Kilner said. 'Securing 11 formal offers shows just how deep demand runs for well-positioned industrial land, even where significant upgrades are required,' Warren said. St Kilda Road A former Edwardian laundry in St Kilda that was converted into 10 offices in the 1990s has been put up for sale by its several strata-title owners. The building, known as The Gresham, is on 2872 sq m at 322-332 St Kilda Road, near the corner of Inkerman Street. The old laundry, with its distinctive art nouveau facade, was central to St Kilda's main shopping strip until the modernisation of the nearby Junction in the 1960s. The building is covered by both commercial 1 and mixed use zoning and is expected to fetch more than $14 million. Cushman & Wakefield's Daniel Wolman, Hamish Burgess, Anthony Kirwan and Leon Ma are handling enquiries. Up the road, in what was the leafy boulevard's office strip, Shakespeare Property Group is about to take quite the haircut on its office tower, the Flight Centre's old headquarters at 436 St Kilda Road. Loading Records show it paid $62.15 million for the building in 2020 as Flight Centre scrambled for cash amid the pandemic-related collapse in air travel. It was a good move for the travel agent. Shakespeare, the property arm of Prime Value Asset Management is likely to get just $35 million for the 11-storey tower, which is 70 per cent vacant. CBRE agents Nick Peden, Jamus Campbell, Kiran Pillai and Trent Hobart have the listing. Suburban offices Offshore training group AEMG Education has snapped up an office in Hawthorn, paying $7.5 million for 529 Burwood Road. The 992 sq m double-storey office is on an 1174 sq m site opposite Swinburne University. Savills agent James Latos, who did the deal with Julian Heatherich, Benson Zhou and Tim Grant, said the vendor had owned the property for more than 35 years. 'This is our team's fourth recent sale of a vacant freehold office to an owner-occupier,' Latos said. However, investors continue to creep back into the market. Nearby, on the corner of Riversdale Road, a private investor paid $4.31 million for 270 Auburn Road. Gorman Commercial's Jonathon McCormack, who negotiated the sale with Peter Bremner, said there was lots of interest from owner-occupiers for the partly vacant 738 sq m office. 'It's certainly an owner-occupier market but this one was ultimately bought by a local investor,' McCormack said. Servo sells A Sydney-based investor has splashed out $11.78 million on a new servo in Clayton South in a deal reflecting a relatively buoyant 6.17 per cent yield. The service centre at 548 Clayton Road, on the corner of Bourke Road, was developed by Jasbe Petroleum and completed in 2021. The 4150 sq m centre includes a BP petrol station, a Carl's Jr fast food joint, a car wash and two warehouses. They return $727,047 a year. The deal was negotiated by Cushman & Wakefield's George Davies, Raphael Favas, Oliver Hay and Leon Ma.
