Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Receives Consensus Rating of “Strong Sell” from Analysts

Shares of Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) have earned a consensus rating of “Strong Sell” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company.

A number of analysts have recently weighed in on the stock. Morgan Stanley restated an “underweight” rating on shares of Endesa in a report on Wednesday, July 1st. Zacks Research downgraded Endesa from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 1st.

Endesa Trading Down 0.1%

ELEZY opened at $24.00 on Tuesday. Endesa has a 1-year low of $15.74 and a 1-year high of $25.24. The company has a 50 day simple moving average of $24.21 and a two-hundred day simple moving average of $22.54.

About Endesa

Endesa, SA is a Spanish energy company engaged in the generation, distribution and supply of electricity, as well as the sale of natural gas and other energy services. Its generation portfolio includes renewable sources such as wind, solar and hydropower, in addition to conventional generation assets.

Founded in 1944, Endesa is one of Spain’s principal electricity companies. The company serves residential, commercial and industrial customers, with its core operations concentrated in Spain and additional activities in Portugal.