Endesa (OTCMKTS:ELEZY) Cut to “Strong Sell” at Kepler Capital Markets

Kepler Capital Markets lowered shares of Endesa (OTCMKTS:ELEZY) from a hold rating to a strong sell rating in a report released on Tuesday,Zacks.com reports.

Several other equities research analysts have also weighed in on the company. Morgan Stanley reissued an “underweight” rating on shares of Endesa in a report on Wednesday, July 30th. Royal Bank Of Canada lowered shares of Endesa to a “sector perform” rating in a research report on Monday, July 14th. Sanford C. Bernstein lowered shares of Endesa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Finally, Zacks Research downgraded shares of Endesa from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Endesa Price Performance

OTCMKTS:ELEZY opened at $15.60 on Tuesday. The business has a fifty day simple moving average of $15.26 and a two-hundred day simple moving average of $14.80. Endesa has a 1 year low of $10.12 and a 1 year high of $16.40.

About Endesa

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.