Endesa (OTCMKTS:ELEZY) Upgraded at Zacks Research

Zacks Research upgraded shares of Endesa (OTCMKTS:ELEZY) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

A number of other research analysts have also recently commented on ELEZY. Santander cut Endesa to an “underperform” rating in a research report on Friday, February 20th. Berenberg Bank raised Endesa to a “hold” rating in a research report on Wednesday, January 21st. Finally, Citigroup reiterated a “sell” rating on shares of Endesa in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, Endesa has an average rating of “Reduce”.

Endesa Stock Up 1.9%

Shares of OTCMKTS ELEZY opened at $22.78 on Monday. Endesa has a one year low of $13.90 and a one year high of $22.78. The business’s fifty day moving average price is $20.54 and its 200-day moving average price is $18.86.

About Endesa

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.