REE [BUY +30.5%] - Ample cash on hand to boost growth through new M&A - Update
  • 21 Feb 2018
  • Company Research
We reiterate a BUY rating for REE with 30.5% total return, including a dividend yield of 4.0%. Our target price inched up 5.2% due to DCF roll-over and higher valuation of power portfolio. We project 2018 earnings growth of 15.6% thanks to the opening of