Endesa (OTCMKTS:ELEZY) Upgraded to Strong-Buy at Zacks Research

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

Several other analysts have also recently weighed in on ELEZY. Royal Bank Of Canada cut shares of Endesa to a “sector perform” rating in a report on Monday, July 14th. Morgan Stanley reissued an “underweight” rating on shares of Endesa in a report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Endesa Stock Up 1.5%

Shares of OTCMKTS:ELEZY opened at $15.80 on Tuesday. The firm’s 50 day moving average price is $15.38 and its 200 day moving average price is $14.06. Endesa has a fifty-two week low of $10.1150 and a fifty-two week high of $16.40.

Endesa Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 16th. Stockholders of record on Tuesday, July 1st were issued a $0.3077 dividend. This represents a dividend yield of 297.0%. The ex-dividend date of this dividend was Monday, June 30th. This is a positive change from Endesa’s previous dividend of $0.26.

About Endesa

Endesa, SA engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, Morocco, Italy, the United Kingdom, Singapore, and internationally. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar.