Shares of Empresa Nacional de Electricidad S.A. (NYSE:EOCC) have earned an average broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell recommendation.

Brokers have set a one year consensus price target of $21.90 for the company, according to Zacks. Zacks has also given Empresa Nacional de Electricidad an industry rank of 155 out of 265 based on the ratings given to its competitors.

Several analysts have recently weighed in on EOCC shares. Scotiabank raised Empresa Nacional de Electricidad from an “underperform” rating to a “sector perform” rating and boosted their target price for the company from $21.90 to $24.20 in a report on Monday, August 28th. ValuEngine downgraded Empresa Nacional de Electricidad from a “buy” rating to a “hold” rating in a report on Friday, June 30th. Finally, TheStreet downgraded Empresa Nacional de Electricidad from a “b” rating to a “c” rating in a report on Monday, June 26th.

Empresa Nacional de Electricidad (EOCC) traded up 0.04% during midday trading on Friday, reaching $25.01. The company’s stock had a trading volume of 61,376 shares. The stock’s 50-day moving average price is $23.88 and its 200 day moving average price is $23.15. Empresa Nacional de Electricidad has a 1-year low of $18.35 and a 1-year high of $25.96. The firm has a market capitalization of $6.84 billion, a PE ratio of 10.29 and a beta of 0.76.

Several institutional investors have recently bought and sold shares of EOCC. New York State Common Retirement Fund purchased a new stake in shares of Empresa Nacional de Electricidad in the 2nd quarter valued at about $100,000. FNY Partners Fund LP purchased a new stake in shares of Empresa Nacional de Electricidad in the 1st quarter valued at about $102,000. Sei Investments Co. purchased a new stake in shares of Empresa Nacional de Electricidad in the 2nd quarter valued at about $109,000. Tower Research Capital LLC TRC purchased a new stake in shares of Empresa Nacional de Electricidad in the 1st quarter valued at about $111,000. Finally, Global X Management Co. LLC lifted its holdings in shares of Empresa Nacional de Electricidad by 27.5% in the 1st quarter. Global X Management Co. LLC now owns 5,402 shares of the utilities provider’s stock valued at $120,000 after purchasing an additional 1,165 shares during the last quarter. 2.74% of the stock is owned by institutional investors and hedge funds.

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About Empresa Nacional de Electricidad

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.

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