(Bloomberg) -- Electricite de France SA, Europe's
largest utility, overtook Total SA as the largest company traded
in euros after analysts raised their stock-price targets on
prospects for nuclear power.
EDF shares rose as much as 3.79 euros, or 5.1 percent, to a
record 77.89 euros in Paris. They traded at 77.62 euros at 11:09
a.m. local time. The shares have added 8.7 percent in the past
two days and 41 percent this year. The gains lifted EDF's market
valuation to 141 billion euros ($189 billion), exceeding Total,
Europe's third-largest oil company, for the first time.
Read more at Bloomberg Energy News
largest utility, overtook Total SA as the largest company traded
in euros after analysts raised their stock-price targets on
prospects for nuclear power.
EDF shares rose as much as 3.79 euros, or 5.1 percent, to a
record 77.89 euros in Paris. They traded at 77.62 euros at 11:09
a.m. local time. The shares have added 8.7 percent in the past
two days and 41 percent this year. The gains lifted EDF's market
valuation to 141 billion euros ($189 billion), exceeding Total,
Europe's third-largest oil company, for the first time.
Read more at Bloomberg Energy News
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