NT2 [O-PF +13%] - Short term challenges but still high yield with long term potential - Update
  • 2016-08-18T09:47:22
  • Company Research
We lower our target price for NT2 by 4.8% following an unexpected significant drop in competitive generation market (CGM) prices due to the faster-than-expected arrival of La Nina. However, given a 9.2x forward P/E and sustainable 7.3% dividend yield, we think the stock is still attractive.