Shares of Empresa Nacional de Electricidad S.A. (NYSE:EOCC) have received an average broker rating score of 5.00 (Strong Sell) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell rating.

Brokers have set a 12 month consensus target price of $21.90 for the company, according to Zacks. Zacks has also given Empresa Nacional de Electricidad an industry rank of 105 out of 265 based on the ratings given to related companies.

Several equities research analysts recently issued reports on EOCC shares. TheStreet raised shares of Empresa Nacional de Electricidad from a “c+” rating to a “b” rating in a research note on Wednesday, May 17th. ValuEngine raised shares of Empresa Nacional de Electricidad from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. Finally, Scotiabank raised shares of Empresa Nacional de Electricidad from an “underperform” rating to a “sector perform” rating and lifted their price objective for the company from $21.90 to $24.20 in a research note on Monday, August 28th.

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Several hedge funds have recently added to or reduced their stakes in EOCC. Advisors Asset Management Inc. lifted its stake in shares of Empresa Nacional de Electricidad by 96.3% in the 1st quarter. Advisors Asset Management Inc. now owns 46,195 shares of the utilities provider’s stock valued at $1,027,000 after purchasing an additional 22,667 shares during the last quarter. Comerica Bank lifted its position in Empresa Nacional de Electricidad by 1.3% during the 1st quarter. Comerica Bank now owns 15,680 shares of the utilities provider’s stock worth $366,000 after acquiring an additional 203 shares during the last quarter. World Asset Management Inc lifted its position in Empresa Nacional de Electricidad by 1.7% during the 1st quarter. World Asset Management Inc now owns 17,025 shares of the utilities provider’s stock worth $379,000 after acquiring an additional 281 shares during the last quarter. Karp Capital Management Corp acquired a new position in Empresa Nacional de Electricidad during the 1st quarter worth $2,462,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Empresa Nacional de Electricidad by 0.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,199 shares of the utilities provider’s stock worth $271,000 after acquiring an additional 62 shares during the last quarter. 2.74% of the stock is owned by institutional investors and hedge funds.

Shares of Empresa Nacional de Electricidad (EOCC) traded down 0.12% during mid-day trading on Thursday, hitting $25.00. The stock had a trading volume of 72,429 shares. Empresa Nacional de Electricidad has a 52-week low of $18.35 and a 52-week high of $25.96. The company has a market cap of $6.83 billion, a PE ratio of 10.29 and a beta of 0.76. The stock has a 50 day moving average price of $23.77 and a 200-day moving average price of $23.09.

About Empresa Nacional de Electricidad

Enel Generacion Chile SA, formerly Empresa Nacional De Electricidad SA, is a Chile-based company engaged in the business of electricity generation. The Company operates in Chile. The Company owns and operates a total of approximately 111-generation units in Chile both directly and through its subsidiaries, Pehuenche, Celta and GasAtacama.

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