Esken

Struggling for value? You’re not Esken the right questions

  • Sectors : Airlines & Other Transport
  • Companies : Esken

Ratings and price correct at time of issue.

  • Esken

    Closing Price: 13.3p

  • RATING 01/01/00

  • PREVIOUS RATING N/A

DAVY VIEW

Esken is the combination of an airport with the strategic benefits of proximity to London/cost-effectiveness and an established, profitable Energy business with high barriers to entry. In our view, the unconventional structure offers deep-value potential, although value realisation is catalyst-dependent – particularly regarding airline arrivals at London Southend Airport (LSA). We initiate with an ‘Outperform’ rating and a price target of 30p.

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Oct 20 2021, 06:45 IST/BST

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