Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Stock Now Rated “Strong Sell” by Wall Street Analysts
by Danessa Lincoln · The Markets DailyEndesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY – Get Free Report) has been given an average rating of “Strong Sell” by the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating and three have issued a hold rating on the company.
ELEZY has been the topic of several recent research reports. Zacks Research lowered shares of Endesa from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 1st. Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research report on Wednesday, July 1st.
View Our Latest Stock Report on Endesa
Endesa Stock Performance
Shares of ELEZY stock opened at $24.01 on Tuesday. The firm has a fifty day moving average of $24.19 and a 200-day moving average of $22.49. Endesa has a 52-week low of $15.53 and a 52-week high of $25.24.
Endesa Company Profile
Endesa, SA is a Spanish energy company engaged in the generation, distribution and sale of electricity, as well as the marketing of natural gas and related energy services. Its generation portfolio includes renewable energy, hydroelectric, nuclear and thermal power facilities, with the company continuing to expand its solar and wind capabilities as part of the energy transition.
Endesa serves residential, commercial and industrial customers primarily in Spain and Portugal. Through its distribution and retail operations, the company manages electricity networks, supplies energy and provides services related to energy efficiency, electric mobility and other customer energy needs.
Founded in 1944, Endesa has historically been one of Spain’s major electricity producers and has played a significant role in the development of the country’s power infrastructure.
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