Funds and ETFs Manila Electric Company

Equities

MER

PHY5764J1483

Electric Utilities

End-of-day quote Philippines S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
368.4 PHP +3.77% Intraday chart for Manila Electric Company +5.26% -7.67%
Manila Electric Co. is an electric distribution utility company in the Philippines covering 39 cities and 72 municipalities. The Company operates through two segments: Power and Other Services. The Power segment consists of electricity distribution, power generation and rental electricity services (RES). Electricity distribution includes electricity distribution and supply of power on a pass-through basis covering all captive customers in the MERALCO and the Clark Electric franchise areas in Luzon. The other services segment is involved principally in electricity-related services, such as, electro-mechanical engineering, construction, consulting and related manpower services, e-transaction and bills collection, telecommunications services, rail-related operations and maintenance services, insurance and re-insurance, e-business development, power distribution management, energy systems management and harnessing renewable energy, construction, and leasing of communication towers.
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
368.4 PHP
Average target price
403.9 PHP
Spread / Average Target
+9.63%
Consensus
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