Energias de Portugal (OTCMKTS:EDPFY) Lowered to “Hold” Rating by Zacks Research

Energias de Portugal (OTCMKTS:EDPFY) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, HSBC raised shares of Energias de Portugal to a “buy” rating in a research report on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Energias de Portugal Price Performance

Energias de Portugal stock opened at $45.38 on Thursday. Energias de Portugal has a twelve month low of $29.88 and a twelve month high of $46.22. The firm has a 50 day moving average price of $43.79 and a 200-day moving average price of $38.44.

Energias de Portugal Company Profile

EDP – Energias de Portugal, SA engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally. It operates through Renewables, Networks, and Client Solutions & Energy Management segments.