Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Given Consensus Recommendation of “Reduce” by Analysts

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) has received an average rating of “Reduce” from the eight analysts that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company.

ELEZY has been the topic of several analyst reports. Royal Bank Of Canada downgraded shares of Endesa from a “moderate buy” rating to a “strong sell” rating in a research note on Wednesday, November 19th. Citigroup restated a “sell” rating on shares of Endesa in a research report on Wednesday, February 4th. Berenberg Bank raised shares of Endesa to a “hold” rating in a research note on Wednesday, January 21st. Finally, Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research note on Thursday, October 30th.

Endesa Stock Down 1.5%

Shares of Endesa stock opened at $18.94 on Monday. Endesa has a one year low of $10.97 and a one year high of $19.57. The business’s 50 day simple moving average is $18.24 and its two-hundred day simple moving average is $17.09.

Endesa Company Profile

Endesa, SA is one of the leading electric utility companies in Spain, serving residential, commercial, and industrial customers. The company’s core activities include the generation, distribution and supply of electricity, along with the sale of natural gas. Endesa operates a diverse energy portfolio encompassing hydroelectric, nuclear, coal-fired and renewable power plants, reflecting a strategic commitment to decarbonization and the integration of green energy sources.

In electricity generation, Endesa manages an extensive network of power stations across Spain and Portugal, leveraging its scale to optimize production costs and ensure grid reliability.