Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) have received an average recommendation of “Reduce” from the eight research firms that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada cut shares of Endesa from a “moderate buy” rating to a “strong sell” rating in a research note on Wednesday, November 19th. Citigroup restated a “sell” rating on shares of Endesa in a research report on Wednesday. Morgan Stanley reaffirmed an “underweight” rating on shares of Endesa in a research note on Thursday, October 30th. Finally, Berenberg Bank upgraded Endesa to a “hold” rating in a report on Wednesday, January 21st.

Endesa Trading Up 1.0%

Endesa stock opened at $18.79 on Monday. The stock has a 50-day moving average price of $18.13 and a 200 day moving average price of $16.98. Endesa has a 52 week low of $10.97 and a 52 week high of $18.96.

Endesa Company Profile

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.