Endesa (OTCMKTS:ELEZY) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Endesa (OTCMKTS:ELEZY) from a hold rating to a strong-buy rating in a research note published on Monday,Zacks.com reports.

Several other analysts also recently issued reports on ELEZY. Citigroup reaffirmed a “sell” rating on shares of Endesa in a report on Wednesday, February 4th. Berenberg Bank raised shares of Endesa to a “hold” rating in a report on Wednesday, January 21st. Finally, Santander downgraded shares of Endesa to an “underperform” rating in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, Endesa has a consensus rating of “Reduce”.

Endesa Stock Up 0.7%

OTCMKTS ELEZY opened at $22.36 on Monday. The company has a fifty day simple moving average of $20.47 and a 200 day simple moving average of $18.83. Endesa has a 1 year low of $13.90 and a 1 year high of $22.75.

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.