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

Shares of Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) have been given an average rating of “Reduce” by the eight brokerages that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

Several research firms have weighed in on ELEZY. Citigroup reissued a “sell” rating on shares of Endesa in a report on Wednesday. Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research note on Thursday, October 30th. Berenberg Bank upgraded shares of Endesa to a “hold” rating in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada downgraded shares of Endesa from a “moderate buy” rating to a “strong sell” rating in a report on Wednesday, November 19th.

Endesa Stock Performance

ELEZY opened at $18.79 on Monday. Endesa has a 1-year low of $10.97 and a 1-year high of $18.96. The stock’s 50 day simple moving average is $18.13 and its 200 day simple moving average is $16.98.

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.