Scotiabank Upgrades Endesa Americas SA – (EOCA) to “Sector Perform”

Endesa Americas SA – (NASDAQ:EOCA) was upgraded by Scotiabank from an “underperform” rating to a “sector perform” rating in a note issued to investors on Thursday, The Fly reports.

Separately, Goldman Sachs Group Inc. assumed coverage on shares of Endesa Americas SA – in a report on Tuesday, June 28th. They issued a “neutral” rating and a $13.00 price objective on the stock.

Shares of Endesa Americas SA – (NASDAQ:EOCA) opened at 13.70 on Thursday. The company has a 50 day moving average of $13.78 and a 200-day moving average of $13.52. Endesa Americas SA – has a 12-month low of $12.00 and a 12-month high of $14.80. The company has a market cap of $3.75 billion and a PE ratio of 13.84.

Endesa Americas SA – Company Profile

Endesa Americas SA is a Chile-based company primarily engaged in the renewable electricity generation. The Company focuses on developing and maintaining hydroelectric power generation plants. The Company has an aggregate installed capacity of approximately 8,300 megawatt (MW). It owns and operates over 75 hydroelectric and thermal generation units through numerous entities, such as Costanera, El Chocon, Emgesa and Edegel.

5 Day Chart for NASDAQ:EOCA

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