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

Shares of Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) have earned a consensus recommendation of “Reduce” from the seven analysts that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

Several research analysts have weighed in on the stock. Royal Bank Of Canada lowered shares of Endesa from a “moderate buy” rating to a “strong sell” rating in a research report on Wednesday, November 19th. Zacks Research lowered Endesa from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 17th. Sanford C. Bernstein downgraded Endesa from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. HSBC cut Endesa to a “hold” rating in a report on Tuesday, October 7th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Endesa in a report on Thursday, October 30th.

Endesa Trading Up 1.2%

Shares of ELEZY opened at $18.30 on Wednesday. Endesa has a 52-week low of $10.26 and a 52-week high of $18.95. The company has a 50-day simple moving average of $17.29 and a 200-day simple moving average of $16.05.

Endesa Company Profile

Endesa, SA engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, Morocco, Italy, the United Kingdom, Singapore, and internationally. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar.