Energias de Portugal (OTCMKTS:EDPFY) was upgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Monday, StockTargetPrices.com reports.

Energias de Portugal (OTCMKTS:EDPFY) traded up 2.08% during midday trading on Monday, reaching $31.35. 1,770 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $33.13 and a 200 day moving average price of $33.35. Energias de Portugal has a 12-month low of $28.30 and a 12-month high of $38.74. The company has a market cap of $11.40 billion, a price-to-earnings ratio of 12.74 and a beta of 1.07.

Energias de Portugal Company Profile

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EDP Energias de Portugal SA (EDP) is a Portugal-based integrated utility company. EDP is a generator, distributor and supplier of electricity and gas in Portugal, Brazil, the Iberian Peninsula, and other countries in North America and Europe. EDP operates through five segments: Long Term Contracted Generation in Iberia, Liberalised Activities in Iberia, Regulated Networks in Iberia, EDP Renovaveis and EDP Brasil.

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