In a report released yesterday, Robert Pulleyn from Morgan Stanley maintained a Sell rating on Endesa SA, with a price target of €26.00. The company’s shares closed yesterday at €28.07.
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Pulleyn covers the Utilities sector, focusing on stocks such as Orsted, Endesa SA, and Enel S.p.A.. According to TipRanks, Pulleyn has an average return of 2.1% and a 53.90% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Endesa SA with a €25.94 average price target.
Based on Endesa SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €4.9 billion and a net profit of €458 million. In comparison, last year the company earned a revenue of €4.79 billion and had a net profit of €508 million