Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Given Consensus Rating of “Reduce” by Analysts

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) has earned a consensus recommendation of “Reduce” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company.

Several brokerages have recently issued reports on ELEZY. Sanford C. Bernstein cut shares of Endesa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research report on Wednesday, July 30th. HSBC cut shares of Endesa to a “hold” rating in a research report on Tuesday, October 7th. Hsbc Global Res cut shares of Endesa from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Finally, Kepler Capital Markets cut shares of Endesa from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd.

Endesa Stock Down 1.1%

Shares of ELEZY stock opened at $16.33 on Tuesday. Endesa has a 1-year low of $10.12 and a 1-year high of $16.57. The company has a 50-day moving average of $15.56 and a two-hundred day moving average of $15.15.

About Endesa

Endesa, SA engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, Morocco, Italy, the United Kingdom, Singapore, and internationally. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar.