JPMorgan Chase & Co. upgraded shares of Energias de Portugal (OTCMKTS:EDPFY) from a neutral rating to an overweight rating in a research note published on Monday morning, StockTargetPrices.com reports.
Shares of Energias de Portugal (OTCMKTS:EDPFY) opened at 31.60 on Monday. The company has a market cap of $11.49 billion, a price-to-earnings ratio of 12.90 and a beta of 1.07. The firm’s 50-day moving average is $32.92 and its 200-day moving average is $33.29. Energias de Portugal has a one year low of $28.30 and a one year high of $38.74.
Energias de Portugal Company Profile
EDP Energias de Portugal SA (EDP) is a Portugal-based integrated utility company. EDP is a generator, distributor and supplier of electricity and gas in Portugal, Brazil, the Iberian Peninsula, and other countries in North America and Europe. EDP operates through five segments: Long Term Contracted Generation in Iberia, Liberalised Activities in Iberia, Regulated Networks in Iberia, EDP Renovaveis and EDP Brasil.
Receive News & Ratings for Energias de Portugal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energias de Portugal and related companies with MarketBeat.com's FREE daily email newsletter.