EDF - Analyst coverage

Analysts list and recommendations shown below are disclosed by EDF for information purposes only and may not be necessarily complete. We draw your attention on the fact that, opinions, forecasts or forward-looking statements on EDF performance formulated by these analysts are made under their own responsibility and may not reflect opinions, forecasts or forward-looking statements formulated by EDF or its top management. EDF will not bear any liability regarding the accuracy of information conclusions or recommendations disclosed.

These data will be updated on a quarterly basis.

Analyst	Target price (in €)	Recommendation	Evolution	Last published note
Exane BNP Paribas	20	Neutral		16/01/2012
Credit Suisse	24	Outperform		11/01/2012
UBS	18.5	Neutral		09/01/2012
Berenberg	22	Hold		03/01/2012
Morgan Stanley	23	Neutral		05/12/2011
HSBC	17	Underweight		22/11/2011
Natixis Securities	21	Hold		17/11/2011
Kepler Equities	17	Sell		17/11/2011
Oddo	24	Hold		04/11/2011
Macquarie	27	Outperform		12/10/2011
Raymond James	23	Hold		07/10/2011
Nomura	33	Buy		18/08/2011
BoAML	31	Neutral		03/08/2011
Société Générale	34	Buy		22/07/2011
ExecutionNoble	40	Buy		14/02/2011
JP Morgan Cazenove	44	Overweight		14/02/2011
Cheuvreux	32	Outperform		07/02/2011

* For compliance reasons, Goldman Sachs and Citigroup do not allow their research data to be published on open access websites.

Estimates from Aurel BGC, Unicredit, Royal Bank of Scotland and Santander are no longer included as they have suspended their coverage.

• Consult the changes of recommendations from July 2007

Download the consensus for FY11 results (41 Kb)

in € million