JPMorgan Chase & Co. Lowers Companhia Energetica de Minas Gerais (OTCMKTS:AIOSF) to Underweight

JPMorgan Chase & Co. cut shares of Companhia Energetica de Minas Gerais (OTCMKTS:AIOSF) from an overweight rating to an underweight rating in a research note released on Monday morning, The Fly reports.

Separately, Goldman Sachs Group downgraded shares of Companhia Energetica de Minas Gerais from a neutral rating to a sell rating in a research note on Monday, January 20th.

Shares of Companhia Energetica de Minas Gerais stock opened at $2.85 on Monday. The business’s fifty day simple moving average is $3.25. Companhia Energetica de Minas Gerais has a 1 year low of $2.85 and a 1 year high of $5.29.

Companhia Energetica de Minas Gerais Company Profile

Atresmedia CorporaciĆ³n de Medios de ComunicaciĆ³n, SA, an audiovisual company, engages in the television, digital development and multimedia, advertising, cinema, radio, Internet, and events organization businesses in Spain and internationally. The company is involved in the production and distribution of audiovisual content through its television channels, as well as satellite, cable, and broadband operators; and rights management business.

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