Enel Generacion Chile SA (NYSE:EOCC) has received an average broker rating score of 4.35 (Sell) from the two analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation and one has given a sell recommendation to the company. Enel Generacion Chile’s rating score has improved by 13% from three months ago as a result of various analysts’ upgrades and downgrades.
Brokerages have set a 1 year consensus price objective of $21.90 for the company, according to Zacks. Zacks has also assigned Enel Generacion Chile an industry rank of 197 out of 265 based on the ratings given to its competitors.
EOCC has been the topic of several recent research reports. BidaskClub cut shares of Enel Generacion Chile from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 2nd. Scotiabank cut shares of Enel Generacion Chile from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, November 1st. Morgan Stanley cut shares of Enel Generacion Chile from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, October 24th. Finally, ValuEngine lowered shares of Enel Generacion Chile from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 20th.
Enel Generacion Chile (NYSE EOCC) traded up $0.38 during mid-day trading on Friday, reaching $26.88. 53,100 shares of the company’s stock were exchanged, compared to its average volume of 122,673. Enel Generacion Chile has a 12 month low of $18.36 and a 12 month high of $27.74.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Enel Generacion Chile by 6.5% during the 2nd quarter. Vanguard Group Inc. now owns 1,490,272 shares of the utilities provider’s stock worth $33,740,000 after purchasing an additional 90,717 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Enel Generacion Chile by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 491,421 shares of the utilities provider’s stock worth $11,123,000 after acquiring an additional 10,766 shares during the period. State Street Corp boosted its holdings in Enel Generacion Chile by 24.4% in the 2nd quarter. State Street Corp now owns 449,763 shares of the utilities provider’s stock worth $10,180,000 after acquiring an additional 88,313 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in Enel Generacion Chile by 4.5% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 219,699 shares of the utilities provider’s stock worth $4,974,000 after acquiring an additional 9,501 shares during the period. Finally, Northern Trust Corp boosted its holdings in Enel Generacion Chile by 4.9% in the 2nd quarter. Northern Trust Corp now owns 182,649 shares of the utilities provider’s stock worth $4,134,000 after acquiring an additional 8,554 shares during the period. 2.32% of the stock is owned by institutional investors.
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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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