Zacks: Enel Generacion Chile SA (EOCC) Receives Consensus Recommendation of “Sell” from Brokerages
Enel Generacion Chile SA (NYSE:EOCC) has earned a consensus broker rating score of 4.35 (Sell) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation and one has given a sell recommendation to the company.
Brokerages have set a one year consensus price target of $21.90 for the company, according to Zacks. Zacks has also given Enel Generacion Chile an industry rank of 205 out of 265 based on the ratings given to related companies.
Several analysts have issued reports on the stock. TheStreet raised shares of Enel Generacion Chile from a “c” rating to a “b-” rating in a research note on Friday, February 9th. Morgan Stanley downgraded shares of Enel Generacion Chile from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, October 24th. ValuEngine downgraded shares of Enel Generacion Chile from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 20th. BidaskClub downgraded shares of Enel Generacion Chile from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 2nd. Finally, Scotiabank downgraded shares of Enel Generacion Chile from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, November 1st.
Enel Generacion Chile (NYSE EOCC) traded down $0.14 during midday trading on Friday, hitting $28.01. The company’s stock had a trading volume of 109,390 shares, compared to its average volume of 148,664. Enel Generacion Chile has a 52 week low of $19.90 and a 52 week high of $29.41.
Enel Generacion Chile (NYSE:EOCC) last announced its earnings results on Wednesday, November 29th. The utilities provider reported $0.50 earnings per share (EPS) for the quarter. The firm had revenue of $644.47 million for the quarter.
The business also recently declared a dividend, which was paid on Friday, January 19th. Stockholders of record on Friday, January 19th were issued a dividend of $0.228 per share. The ex-dividend date of this dividend was Thursday, January 18th.
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Enel Generacion Chile Company Profile
Enel Generacion Chile SA, formerly Empresa Nacional De Electricidad SA, is a Chile-based company engaged in the business of electricity generation. The Company operates in Chile. The Company owns and operates a total of approximately 111-generation units in Chile both directly and through its subsidiaries, Pehuenche, Celta and GasAtacama.
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