Endesa (OTCMKTS:ELEZY) Upgraded by Citigroup to Buy

Citigroup upgraded shares of Endesa (OTCMKTS:ELEZY) from a neutral rating to a buy rating in a research note published on Tuesday, The Fly reports.

Several other research firms have also commented on ELEZY. UBS Group restated a buy rating on shares of Endesa in a report on Thursday, September 9th. Credit Suisse Group lowered shares of Endesa from an outperform rating to a neutral rating in a report on Thursday, July 15th. Morgan Stanley lowered shares of Endesa from an overweight rating to an equal weight rating in a research note on Tuesday, August 17th. Barclays reiterated an overweight rating on shares of Endesa in a research note on Wednesday, September 15th. Finally, Grupo Santander upgraded shares of Endesa from a hold rating to a buy rating in a research note on Wednesday, May 26th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of Buy.

Endesa stock opened at $10.91 on Tuesday. Endesa has a 1 year low of $10.50 and a 1 year high of $15.95. The firm has a 50-day moving average of $12.15 and a two-hundred day moving average of $13.00.

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.

Read More: The risks of owning bonds

The Fly logo

Analyst Recommendations for Endesa (OTCMKTS:ELEZY)

Receive News & Ratings for Endesa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endesa and related companies with MarketBeat.com's FREE daily email newsletter.