Energias de Portugal (OTCMKTS:EDPFY – Get Free Report)’s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $55.04, but opened at $52.88. Energias de Portugal shares last traded at $52.97, with a volume of 642 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised Energias de Portugal from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating. According to data from MarketBeat, the company has a consensus rating of “Strong Buy”.
Check Out Our Latest Stock Analysis on Energias de Portugal
Energias de Portugal Stock Down 0.9%
About Energias de Portugal
Energias de Portugal, SA (EDP) is a Portugal-based integrated energy company engaged in electricity generation, transmission and distribution, and energy supply. The company serves residential, commercial and industrial customers and provides electricity and related energy services through regulated networks and competitive retail operations.
EDP has a significant focus on renewable energy, including wind, solar, hydroelectric and other clean-energy generation assets. Through its renewable-energy subsidiary, EDP Renewables, the company develops, owns and operates renewable power projects in multiple markets.
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