JPMorgan Chase & Co. upgraded shares of Energias de Portugal (OTCMKTS:EDPFY) from a neutral rating to an overweight rating in a report issued on Monday.

Shares of Energias de Portugal (OTCMKTS:EDPFY) traded down 0.03% during trading on Monday, reaching $31.27. The company’s stock had a trading volume of 836 shares. Energias de Portugal has a 12 month low of $28.30 and a 12 month high of $38.74. The company’s 50-day moving average is $33.06 and its 200-day moving average is $33.32. The company has a market capitalization of $11.37 billion, a P/E ratio of 12.76 and a beta of 1.07.

About Energias de Portugal

EDP Energias de Portugal SA (EDP) is a Portugal-based integrated utility company. EDP is a generator, distributor and supplier of electricity and gas in Portugal, Brazil, the Iberian Peninsula, and other countries in North America and Europe. EDP operates through five segments: Long Term Contracted Generation in Iberia, Liberalised Activities in Iberia, Regulated Networks in Iberia, EDP Renovaveis and EDP Brasil.

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