Endesa (OTCMKTS:ELEZY) Upgraded at Citigroup

Citigroup upgraded shares of Endesa (OTCMKTS:ELEZY) from a neutral rating to a buy rating in a research note released on Tuesday morning, The Fly reports.

Other analysts have also issued reports about the stock. Credit Suisse Group lowered shares of Endesa from an outperform rating to a neutral rating in a report on Thursday, July 15th. UBS Group restated a buy rating on shares of Endesa in a report on Thursday, September 9th. Barclays restated an overweight rating on shares of Endesa in a report on Wednesday, September 15th. Morgan Stanley lowered shares of Endesa from an overweight rating to an equal weight rating in a report on Tuesday, August 17th. Finally, Grupo Santander upgraded shares of Endesa from a hold rating to a buy rating in a research note on Wednesday, May 26th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of Buy.

Shares of ELEZY opened at $10.70 on Tuesday. Endesa has a 12-month low of $10.50 and a 12-month high of $15.95. The company’s 50-day moving average price is $12.09 and its 200 day moving average price is $12.97.

About Endesa

Endesa SA engages in the generation, distribution, and sale of electricity. It is also involved in the natural gas sector and provides other energy-related services. It operates through the following segments: Generation & Supply, Distribution, and Structure. The Generation & Supply segment refers to the production of electricity from energy sources such as hydroelectric, nuclear, thermal, wind, and solar.

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