Barclays Reaffirms Overweight Rating for Endesa (OTCMKTS:ELEZY)

Endesa (OTCMKTS:ELEZY)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays in a research note issued on Wednesday, The Fly reports.

A number of other research firms have also commented on ELEZY. Morgan Stanley lowered Endesa from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 17th. Credit Suisse Group lowered Endesa from an “outperform” rating to a “neutral” rating in a research report on Thursday, July 15th. Grupo Santander upgraded Endesa from a “hold” rating to a “buy” rating in a research report on Wednesday, May 26th. UBS Group reiterated a “buy” rating on shares of Endesa in a research report on Thursday, September 9th. Finally, Citigroup lowered Endesa from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 2nd. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

ELEZY traded down $0.91 on Wednesday, reaching $11.44. The stock had a trading volume of 8,139 shares, compared to its average volume of 5,891. The firm has a 50-day moving average of $12.29 and a 200-day moving average of $13.07. Endesa has a fifty-two week low of $11.40 and a fifty-two week high of $15.95.

Endesa Company Profile

Endesa SA engages in the generation, distribution, and sale of electricity. It is also involved in the natural gas sector and provides other energy-related services. It operates through the following segments: Generation & Supply, Distribution, and Structure. The Generation & Supply segment refers to the production of electricity from energy sources such as hydroelectric, nuclear, thermal, wind, and solar.

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Analyst Recommendations for Endesa (OTCMKTS:ELEZY)

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