EDP-Energias de Portugal, S.A (NASDAQ:EDPFY) was upgraded by JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report issued on Monday.

Separately, Zacks Investment Research cut shares of EDP-Energias de Portugal, S.A from a “buy” rating to a “hold” rating in a research note on Tuesday, August 9th.

Shares of EDP-Energias de Portugal, S.A (NASDAQ:EDPFY) traded up 1.86% during mid-day trading on Monday, reaching $31.28. 3,079 shares of the company traded hands. The stock’s 50 day moving average is $33.13 and its 200 day moving average is $33.35. The stock has a market capitalization of $11.37 billion and a PE ratio of 12.72. EDP-Energias de Portugal, S.A has a 52-week low of $28.30 and a 52-week high of $38.74.

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About EDP-Energias de Portugal, S.A

EDP – Energias de Portugal, SA is a utility company. The Company is focused on the generation, distribution and supply of electricity and distribution and supply of gas. It also operates in related areas, such as engineering, laboratory tests, vocational training, energy services and property management.

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