Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Receives Consensus Rating of “Reduce” from Brokerages

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) has been assigned an average rating of “Reduce” from the seven ratings firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company.

A number of brokerages recently weighed in on ELEZY. Morgan Stanley restated an “underweight” rating on shares of Endesa in a report on Thursday, October 30th. Royal Bank Of Canada lowered Endesa from a “moderate buy” rating to a “strong sell” rating in a report on Wednesday, November 19th. Hsbc Global Res cut Endesa from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 7th. Finally, HSBC lowered Endesa to a “hold” rating in a research report on Tuesday, October 7th.

Endesa Price Performance

Shares of OTCMKTS:ELEZY opened at $17.77 on Thursday. The business has a 50-day moving average price of $18.09 and a 200 day moving average price of $16.71. Endesa has a 12-month low of $10.89 and a 12-month high of $18.95.

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.