Energias de Portugal (EDPFY) Stock Rating Upgraded by JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Energias de Portugal (OTCMKTS:EDPFY) from a neutral rating to an overweight rating in a report published on Monday, StockTargetPrices.com reports.

Shares of Energias de Portugal (OTCMKTS:EDPFY) opened at 31.81 on Monday. The company has a 50-day moving average price of $32.86 and a 200 day moving average price of $33.28. The firm has a market capitalization of $11.56 billion, a P/E ratio of 12.98 and a beta of 1.07. 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.

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