EDF (ECIFY) Receives Consensus Rating of “Hold” from Brokerages

Shares of EDF (OTCMKTS:ECIFY) have received a consensus rating of “Hold” from the six research firms that are currently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.

Several analysts have recently commented on the company. BNP Paribas raised EDF from an “underperform” rating to a “neutral” rating in a report on Thursday, November 30th. Berenberg Bank raised EDF from a “sell” rating to a “hold” rating in a report on Friday, January 12th. Finally, Zacks Investment Research raised EDF from a “sell” rating to a “hold” rating in a report on Tuesday, January 16th.

EDF (OTCMKTS:ECIFY) traded up $0.01 on Tuesday, hitting $2.48. The stock had a trading volume of 38,301 shares, compared to its average volume of 70,311. EDF has a 1-year low of $1.52 and a 1-year high of $2.83.

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EDF Company Profile

Electricité de France SA, an integrated energy company, engages in the generation, transmission, distribution, supply, and trading of energies in France and internationally. It generates electricity through nuclear, fossil-fire, hydro, photovoltaic, wind, biomass, biogas, and cogeneration plants. The company also manages low and medium-voltage public distribution network; and operates, maintains, and develops high-voltage and very-high-voltage electricity transmission networks.

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