Energias de Portugal (EDPFY) Raised to “Overweight” at JPMorgan Chase & Co.
Energias de Portugal (OTCMKTS:EDPFY) was upgraded by JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Monday, StockTargetPrices.com reports.
Shares of Energias de Portugal (OTCMKTS:EDPFY) traded up 2.08% during mid-day trading on Monday, hitting $31.35. 1,616 shares of the company were exchanged. Energias de Portugal has a 12-month low of $28.30 and a 12-month high of $38.74. The stock’s 50-day moving average price is $33.13 and its 200 day moving average price is $33.35. The stock has a market cap of $11.40 billion, a PE ratio of 12.74 and a beta of 1.07.
About Energias de Portugal
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/10/energias-de-portugal-edpfy-raised-to-overweight-at-jpmorgan-chase-co.html
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.
Receive News & Ratings for Energias de Portugal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energias de Portugal and related companies with MarketBeat.com's FREE daily email newsletter.