EDP-Energias de Portugal, S.A (OTCMKTS:EDPFY) has been given an average recommendation of “Hold” by the nine brokerages that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company.
Several equities analysts have recently issued reports on EDPFY shares. Zacks Investment Research cut EDP-Energias de Portugal, S.A from a “hold” rating to a “sell” rating in a research note on Tuesday, October 13th. ValuEngine lowered EDP-Energias de Portugal, S.A from a “hold” rating to a “sell” rating in a research report on Thursday, July 2nd. Credit Suisse Group reissued an “outperform” rating on shares of EDP-Energias de Portugal, S.A in a report on Wednesday, September 16th. Goldman Sachs Group upgraded EDP-Energias de Portugal, S.A from a “buy” rating to a “conviction-buy” rating in a research note on Sunday, August 23rd. Finally, Berenberg Bank upgraded EDP-Energias de Portugal, S.A from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th.
Shares of OTCMKTS EDPFY opened at $53.80 on Thursday. The stock has a market cap of $19.56 billion, a price-to-earnings ratio of 32.41, a P/E/G ratio of 3.74 and a beta of 0.59. 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 1-year low of $32.95 and a 1-year high of $63.84. The stock’s 50-day moving average is $51.11 and its 200 day moving average is $48.25.
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 Renováveis, 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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