Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Given Consensus Recommendation of “Strong Sell” by Brokerages

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) has been given a consensus rating of “Strong Sell” by the eight research firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a sell rating and three have issued a hold rating on the company.

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

Endesa Stock Up 1.1%

OTCMKTS:ELEZY opened at $24.67 on Tuesday. Endesa has a fifty-two week low of $15.48 and a fifty-two week high of $25.24. The stock’s 50-day moving average is $24.08 and its two-hundred day moving average is $22.38.

About Endesa

Endesa, SA is a Spanish energy company engaged in the generation, distribution and sale of electricity, as well as the marketing of natural gas and related energy services. Its generation portfolio includes renewable energy, hydroelectric, nuclear and thermal power facilities, with the company continuing to expand its solar and wind capabilities as part of the energy transition.

Endesa serves residential, commercial and industrial customers primarily in Spain and Portugal. Through its distribution and retail operations, the company manages electricity networks, supplies energy and provides services related to energy efficiency, electric mobility and other customer energy needs.

Founded in 1944, Endesa has historically been one of Spain’s major electricity producers and has played a significant role in the development of the country’s power infrastructure.