Endesa (OTCMKTS:ELEZY) Stock Rating Upgraded by Berenberg Bank

Endesa (OTCMKTS:ELEZY) was upgraded by stock analysts at Berenberg Bank to a “hold” rating in a report released on Wednesday,Zacks.com reports.

A number of other equities analysts also recently weighed in on ELEZY. Kepler Capital Markets downgraded shares of Endesa from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Royal Bank Of Canada downgraded shares of Endesa from a “moderate buy” rating to a “strong sell” rating in a research report on Wednesday, November 19th. Morgan Stanley reaffirmed an “underweight” rating on shares of Endesa in a report on Thursday, October 30th. HSBC downgraded shares of Endesa to a “hold” rating in a research note on Tuesday, October 7th. Finally, Hsbc Global Res downgraded Endesa from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Five equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

Endesa Trading Up 0.1%

Shares of Endesa stock opened at $17.79 on Wednesday. Endesa has a 12-month low of $10.89 and a 12-month high of $18.95. The business’s 50 day moving average is $18.07 and its 200-day moving average is $16.71.

About Endesa

Endesa, SA is one of the leading electric utility companies in Spain, serving residential, commercial, and industrial customers. The company’s core activities include the generation, distribution and supply of electricity, along with the sale of natural gas. Endesa operates a diverse energy portfolio encompassing hydroelectric, nuclear, coal-fired and renewable power plants, reflecting a strategic commitment to decarbonization and the integration of green energy sources.

In electricity generation, Endesa manages an extensive network of power stations across Spain and Portugal, leveraging its scale to optimize production costs and ensure grid reliability.