Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Receives Average Recommendation of “Reduce” from Analysts

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) has earned a consensus rating of “Reduce” from the eight analysts that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

ELEZY has been the topic of a number of analyst reports. Royal Bank Of Canada downgraded Endesa from a “moderate buy” rating to a “strong sell” rating in a report on Wednesday, November 19th. Berenberg Bank upgraded shares of Endesa to a “hold” rating in a report on Wednesday, January 21st. Morgan Stanley reaffirmed an “underweight” rating on shares of Endesa in a research report on Thursday, October 30th. Finally, Citigroup restated a “sell” rating on shares of Endesa in a research note on Wednesday, February 4th.

Endesa Trading Up 1.6%

OTCMKTS ELEZY opened at $19.19 on Monday. The firm’s 50 day moving average price is $18.20 and its 200-day moving average price is $17.05. Endesa has a 52-week low of $10.97 and a 52-week high of $19.57.

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.