Energias de Portugal (OTCMKTS:EDPFY – Get Free Report) was upgraded by equities researchers at Citigroup to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.
Energias de Portugal Stock Down 1.0%
Shares of OTCMKTS EDPFY opened at $51.00 on Thursday. The firm has a market cap of $20.12 billion, a PE ratio of 65.38 and a beta of 0.59. The business has a 50 day moving average price of $52.53 and a two-hundred day moving average price of $49.51. Energias de Portugal has a fifty-two week low of $39.61 and a fifty-two week high of $56.45.
About Energias de Portugal
Energias de Portugal, SA (OTCMKTS:EDPFY) is an integrated energy company headquartered in Lisbon, Portugal, with operations spanning electricity generation, distribution, and retail supply. The company manages a diversified portfolio of thermal, hydroelectric, wind and solar power facilities, positioning itself as a prominent player in both conventional and renewable energy markets. In addition to electricity, EDP is active in gas distribution and supply, serving residential, commercial and industrial customers.
Founded in 1976 through the nationalization of Portugal’s power assets, EDP underwent privatization beginning in the mid-1990s and today maintains listings on multiple stock exchanges, including ADRs traded in the United States.
Featured Stories
- Five stocks we like better than Energias de Portugal
- MarketBeat Week in Review – 05/25 – 05/29
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
- Dollar Tree Keeps Winning After Family Dollar Divorce
Receive News & Ratings for Energias de Portugal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energias de Portugal and related companies with MarketBeat.com's FREE daily email newsletter.
