Zacks: EDF (ECIFY) Receives Consensus Rating of “Buy” from Brokerages
Shares of EDF (NASDAQ:ECIFY) have received a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.
Zacks has also assigned EDF an industry rank of 180 out of 265 based on the ratings given to related companies.
ECIFY has been the topic of a number of recent analyst reports. Goldman Sachs Group Inc raised shares of EDF from a “sell” rating to a “neutral” rating in a research note on Monday, March 20th. HSBC Holdings plc raised shares of EDF from a “reduce” rating to a “hold” rating in a research note on Wednesday, January 25th. Finally, Zacks Investment Research raised shares of EDF from a “sell” rating to a “hold” rating in a research note on Monday, April 3rd.
Shares of EDF (NASDAQ:ECIFY) opened at 1.87 on Wednesday. EDF has a one year low of $1.52 and a one year high of $2.70. The firm has a 50-day moving average of $1.67 and a 200 day moving average of $1.91. The stock has a market capitalization of $19.70 billion and a price-to-earnings ratio of 7.48.
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