Empresa Nacional de Electricidad S.A. (NYSE:EOCC) was upgraded by investment analysts at Scotiabank from an “underperform” rating to a “sector perform” rating in a research report issued to clients and investors on Monday.

Other research analysts also recently issued research reports about the company. TheStreet raised Empresa Nacional de Electricidad from a “c+” rating to a “b” rating in a report on Wednesday, May 17th. ValuEngine raised Empresa Nacional de Electricidad from a “hold” rating to a “buy” rating in a report on Thursday, August 17th.

Empresa Nacional de Electricidad (NYSE EOCC) opened at 22.98 on Monday. The firm has a 50 day moving average of $23.25 and a 200 day moving average of $22.63. Empresa Nacional de Electricidad has a 12-month low of $18.35 and a 12-month high of $24.45. The firm has a market capitalization of $6.28 billion, a P/E ratio of 9.70 and a beta of 0.78.

WARNING: “Empresa Nacional de Electricidad S.A. (EOCC) Stock Rating Upgraded by Scotiabank” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The original version of this news story can be accessed at https://www.thecerbatgem.com/2017/08/28/empresa-nacional-de-electricidad-s-a-eocc-stock-rating-upgraded-by-scotiabank.html.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. New York State Common Retirement Fund purchased a new position in Empresa Nacional de Electricidad during the second quarter worth $100,000. FNY Partners Fund LP bought a new stake in shares of Empresa Nacional de Electricidad during the first quarter worth approximately $102,000. Sei Investments Co. bought a new stake in shares of Empresa Nacional de Electricidad during the second quarter worth approximately $109,000. Tower Research Capital LLC TRC bought a new stake in shares of Empresa Nacional de Electricidad during the first quarter worth approximately $111,000. Finally, Global X Management Co. LLC boosted its stake in shares of Empresa Nacional de Electricidad by 27.5% in the first quarter. Global X Management Co. LLC now owns 5,402 shares of the utilities provider’s stock worth $120,000 after buying an additional 1,165 shares during the last quarter. 2.74% of the stock is currently owned by institutional investors.

Empresa Nacional de Electricidad Company Profile

Enel Generacion Chile SA, formerly Empresa Nacional De Electricidad SA, is a Chile-based company engaged in the business of electricity generation. The Company operates in Chile. The Company owns and operates a total of approximately 111-generation units in Chile both directly and through its subsidiaries, Pehuenche, Celta and GasAtacama.

Receive News & Stock Ratings for Empresa Nacional de Electricidad S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empresa Nacional de Electricidad S.A. and related stocks with our FREE daily email newsletter.