Energias de Portugal (OTCMKTS:EDPFY – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday, Zacks reports.
Energias de Portugal Stock Down 0.8%
Shares of EDPFY stock opened at $53.04 on Monday. The firm’s 50-day moving average is $54.23 and its 200-day moving average is $52.85. Energias de Portugal has a 52-week low of $43.06 and a 52-week high of $56.45.
Energias de Portugal Company Profile
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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