Prysmian completes major offshore wind project as analysts raise target - 3 Jun 2026

Prysmian Daily News Update · Jun 3, 2026 · 2m

As of June 3, today’s news highlights updates on Prysmian’s market position and operational accomplishments, alongside broader market trends and geopolitical developments. Prysmian has received an uplift in its stock rating from Equita Sim, which has upgraded its stance from hold to buy and increased its target price to 178 euros from 130 euros. Analysts suggest that Prysmian is well-positioned to pursue mergers and acquisitions totaling 4-5 billion euros. Meanwhile, Prysmian has completed work on RWE’s Sofia offshore wind farm, one of the world’s largest offshore wind developers. The wind…