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

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) has earned an average rating of “Reduce” from the seven research firms that are currently 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.

ELEZY has been the subject of several recent analyst reports. Hsbc Global Res cut shares of Endesa from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Zacks Research cut shares of Endesa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 17th. Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research report on Thursday, October 30th. Kepler Capital Markets downgraded Endesa from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Finally, HSBC lowered Endesa to a “hold” rating in a research report on Tuesday, October 7th.

Endesa Price Performance

OTCMKTS:ELEZY opened at $17.63 on Thursday. Endesa has a fifty-two week low of $10.63 and a fifty-two week high of $18.95. The company has a 50 day simple moving average of $18.14 and a two-hundred day simple moving average of $16.63.

Endesa Company Profile

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.