EDP-Energias de Portugal, S.A (OTCMKTS:EDPFY) Receives Consensus Rating of “Buy” from Analysts

Shares of EDP-Energias de Portugal, S.A (OTCMKTS:EDPFY) have been assigned a consensus recommendation of “Buy” from the eight analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company.

Several research firms have recently commented on EDPFY. Santander upgraded EDP-Energias de Portugal, S.A from a “hold” rating to a “buy” rating in a report on Friday, July 31st. Societe Generale downgraded EDP-Energias de Portugal, S.A from a “buy” rating to a “hold” rating in a report on Wednesday, May 27th. Berenberg Bank upgraded EDP-Energias de Portugal, S.A from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. Credit Suisse Group reiterated an “outperform” rating on shares of EDP-Energias de Portugal, S.A in a report on Wednesday. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of EDP-Energias de Portugal, S.A in a report on Friday, August 28th.

EDPFY opened at $50.90 on Friday. The company has a market cap of $18.50 billion, a P/E ratio of 30.66, a P/E/G ratio of 3.55 and a beta of 0.57. The business’s 50-day moving average price is $52.46 and its 200-day moving average price is $47.05. The company has a current ratio of 0.90, a quick ratio of 0.86 and a debt-to-equity ratio of 1.02. EDP-Energias de Portugal, S.A has a 12 month low of $32.95 and a 12 month high of $63.84.

EDP-Energias de Portugal, S.A Company Profile

EDP – Energias de Portugal, SA generates, distributes, and supplies electricity in Portugal, Spain, France, Poland, Romania, Brazil, and the United States. It operates through Generation and Supply in Iberia, Regulated Networks in Iberia, EDP Renov├íveis, and EDP Brasil segments. The company primarily generates electricity through hydro, CCGT, coal, mini-hydro, wind, solar, nuclear, and cogeneration sources.

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Analyst Recommendations for EDP-Energias de Portugal, S.A (OTCMKTS:EDPFY)

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