EDP reaches 2023 highs. Jefferies and JB Capital see room for more

Jornal de Negócios1 September 2026 at 14:00

EDP hit 2023 highs, with analysts from investment banks Jefferies and JB Capital expressing themselves more optimistically regarding EDP group's listed companies. Both analysts see room for additional gains in the shares.

The two investment banks raised their outlooks for the Portuguese energy group's securities, reflecting a more positive view on the company's future performance.

In the published note, Jefferies states that US midterm elections could represent a potential catalyst for EDPR shares, the group's renewable energy subsidiary. This outlook is associated with the possible political implications of the election result for the renewable energy sector in that country.

Wall Street cai com pressão de alta dos juros soberanos

Photo by Jonathan Cooper on Pexels

Business

Wall Street falls with pressure from rising sovereign interest rates

Wall Street opened lower on Tuesday, dragged down by intensifying global sovereign bond selling amid fears of persistent inflation. The Dow Jones fell 0.49%, the S&P 500 dropped 0.68% and the Nasdaq lost 1.34%, a move that BCP analysts attribute to the prospect of further interest rate hikes by major central banks. US ten-year debt yields reached 4.78%, the highest level since January, while the thirty-year yield hit 5.27%. Sovereign rates also rose to multi-decade highs in Japan, Germany and the United Kingdom. Brent crude advanced 2.22% to $92.5, driven by Middle East tensions, further fueling expectations of restrictive monetary policy.

Jornal Económico01/09/26, 14:49

Inflação determina possível aumento de 2,5% nas rendas para o próximo ano

Business

Inflation determines possible 2.5% rent increase for next year

Inflation may determine a 2.5% rent increase from January, reflecting current economic pressure on housing costs. Over the past five years, prices have accumulated an increase exceeding 15%, showing a sustained growth trend. Additionally, new lease contracts will see an even more significant increase, worsening the financial burden for new tenants.

SIC Notícias01/09/26, 14:39

Portugueses aumentam dormidas no país em 4%, contrariando previsões dos hoteleiros

Business

Portuguese increase overnight stays in the country by 4%, contradicting hoteliers' predictions

In July, Portuguese people increased their overnight stays within the country by more than 4%, a growth that contradicted hotel sector predictions and that compensated for the slowdown in foreign tourism, thus boosting one of the main engines of the national economy.

SIC Notícias01/09/26, 14:37

Alemanha: morte do homem mais rico cria uma das maiores fundações da Europa

Photo by Peter Dyllong on Pexels

Business

Germany: death of the richest man creates one of Europe's largest foundations

Klaus-Michael Kühne, Germany's richest man, died at 87 in a Swiss canton where he resided to avoid inheritance taxes. Without children, his 42.2 billion euros were transferred tax-free to a charitable foundation, making it one of the richest in Europe. His fortune came mainly from the logistics company Kühne + Nagel, from his stake in the container company Hapag-Lloyd, and from investments in real estate and ships.

Euronews Portugal01/09/26, 14:34

EDP reaches 2023 highs. Jefferies and JB Capital see room for more

Related articles

Wall Street falls with pressure from rising sovereign interest rates

Inflation determines possible 2.5% rent increase for next year

Portuguese increase overnight stays in the country by 4%, contradicting hoteliers' predictions

Germany: death of the richest man creates one of Europe's largest foundations