CPFL Energia SA Reaches New 12-Month Low at $15.32 (CPL)
CPFL Energia SA (NYSE:CPL) set a new 52-week low during trading on Thursday, StockRatingsNetwork reports. The stock traded as low as $15.32 and last traded at $15.34, with a volume of 273,099 shares. The stock had previously closed at $16.01.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of CPFL Energia SA from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 18th. They now have a $16.80 price target on the stock.
CPFL Energia SA has a 52 week low of $15.47 and a 52 week high of $23.00. The stock’s 50-day moving average is $16.22 and its 200-day moving average is $17.34. The company has a market cap of $7.371 billion and a P/E ratio of 18.36.
CPFL Energia SA is a holding company that, through its subsidiaries, distributes, generates and commercializes electricity in Brazil.
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