Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Given Average Recommendation of “Reduce” by Analysts

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

A number of brokerages have commented on ELEZY. Royal Bank Of Canada cut Endesa from a “moderate buy” rating to a “strong sell” rating in a research note on Wednesday, November 19th. Zacks Research cut Endesa from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 17th. Kepler Capital Markets lowered shares of Endesa from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Morgan Stanley restated an “underweight” rating on shares of Endesa in a report on Thursday, October 30th. Finally, Hsbc Global Res cut shares of Endesa from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th.

Endesa Price Performance

ELEZY stock opened at $17.63 on Thursday. The company’s 50-day moving average is $18.14 and its 200-day moving average is $16.63. Endesa has a 1 year low of $10.63 and a 1 year high of $18.95.

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.