Verbund Ag (OTCMKTS:OEZVY) Given Average Recommendation of “Strong Sell” by Analysts

Verbund Ag (OTCMKTS:OEZVY) has earned an average recommendation of “Strong Sell” from the five research firms that are currently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a sell rating and one has issued a hold rating on the company.

A number of research firms have weighed in on OEZVY. Royal Bank Of Canada started coverage on Verbund in a report on Monday. They issued a “strong sell” rating for the company. Kepler Capital Markets raised shares of Verbund from a “strong sell” rating to a “hold” rating in a research report on Monday, September 29th.

Verbund Stock Performance

Shares of Verbund stock opened at $15.39 on Monday. The stock’s 50 day simple moving average is $15.14 and its 200-day simple moving average is $15.24. Verbund has a 1-year low of $13.12 and a 1-year high of $17.26.

About Verbund

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants.