Breaking Finance News

EDP – Energias de Portugal (OTCMKTS:EDPFY) has been upgraded from Neutral to Overweight in a statement by JPMorgan earlier today.

Boasting a price of $30.71, EDP – Energias de Portugal (OTCMKTS:EDPFY) traded 2.08% higher on the day. With the last stock price close down -6.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. EDP – Energias de Portugal has recorded a 50-day average of $33.13 and a two hundred day average of $33.35. Volume of trade was down over the average, with 1,601 shares of EDPFY changing hands under the typical 2,982

JPMorgan has upgraded EDP – Energias de Portugal (OTCMKTS:EDPFY) from Neutral to Overweight in a statement released on Monday October 10, 2016.

Performance Chart

EDP - Energias de Portugal (OTCMKTS:EDPFY)

With a total market value of $0, EDP – Energias de Portugal has price-earnings ratio of 12.74 with a one year low of $28.30 and a one year high of $38.74 .

Brief Synopsis About EDP – Energias de Portugal (OTCMKTS:EDPFY)

EDP – Energias de Portugal, S.A. is a utility company. The Company is focused on the generation, distribution and supply of electricity and distribution and supply of gas. It also operates in related areas, such as engineering, laboratory tests, vocational training, energy services and property management. The Long Term Contracted Generation in Iberia segment corresponds to the activity of electricity generation of the plants in Portugal and Spain. The Liberalised Activities segment in Iberia corresponds to the activity of unregulated generation and supply of electricity and gas in Portugal and Spain. The Regulated Networks segment in Iberia corresponds to the activities of electricity and gas distribution in Portugal and Spain and last resort supplier. The EDP Renovaveis segment corresponds to the power generation activity through renewable energy resources. The EDP Brasil segment includes the activities of electricity generation, distribution and supply in Brazil.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *