Electricidade de Portugal traded at 4.43 this Thursday June 4th, decreasing 0.03 or 0.56 percent since the previous trading session. Looking back, over the last four weeks, EDP lost 1.91 percent. Over the last 12 months, its price rose by 25.29 percent. Looking ahead, we forecast Electricidade de Portugal to be priced at 4.27 by the end of this quarter and at 4.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
EDP Energias de Portugal SA is a Portugal-based utility company. Its segments are Long Term Contracted Generation in Iberia, which includes the activity of electricity generation of plants with contractual stability compensation and special regime generation plants in Portugal and Spain; Liberalized Activities in Iberia, which includes the activity of unregulated generation and supply of electricity in Portugal and Spain, and gas in Spain; Regulated Networks in Iberia, which includes the activities of electricity distribution in Portugal and Spain, gas distribution in Spain, and last resort supplier; EDP Renovaveis, which includes power generation activity through renewable energy resources, and EDP Brasil, which includes the activities of electricity generation, distribution and supply in Brazil. It also operates in related areas, such as engineering, laboratory tests and property management.