Electricité de France (OTCMKTS:ECIFY – Get Rating) was downgraded by equities researchers at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research report issued on Friday, The Fly reports.
Other equities research analysts also recently issued reports about the stock. Barclays downgraded shares of Electricité de France from an “overweight” rating to an “equal weight” rating in a research note on Monday, July 25th. Cheuvreux cut shares of Electricité de France from a “buy” rating to a “hold” rating and set a €12.00 ($12.24) price target for the company. in a report on Tuesday, July 26th. Finally, HSBC cut shares of Electricité de France from a “hold” rating to a “reduce” rating in a report on Monday, June 6th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Electricité de France currently has an average rating of “Hold” and an average target price of $11.57.
Electricité de France Stock Performance
Shares of ECIFY opened at $2.36 on Friday. Electricité de France has a twelve month low of $1.47 and a twelve month high of $3.02. The company has a 50 day moving average of $1.85 and a two-hundred day moving average of $1.86.
Electricité de France Company Profile
Electricité de France SA, an integrated energy company, engages in the power generation, transmission, distribution, supply, and trading activities in France, the United Kingdom, Italy, and internationally. The company generates electricity through nuclear, fossil fuel, hydro, solar, wind, biomass, biogas, thermal, and cogeneration plants.
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