EDF (ECIFY) Upgraded to “Hold” at Zacks Investment Research

EDF (NASDAQ:ECIFY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Monday.

Other equities research analysts have also recently issued reports about the stock. HSBC Holdings plc raised shares of EDF from a “reduce” rating to a “hold” rating in a research report on Wednesday, January 25th. Goldman Sachs Group Inc reissued a “neutral” rating on shares of EDF in a research report on Monday.

Shares of EDF (NASDAQ:ECIFY) traded down 1.72% during midday trading on Monday, hitting $1.71. 107,199 shares of the company traded hands. The stock has a market capitalization of $18.01 billion and a P/E ratio of 7.08. EDF has a 52 week low of $1.63 and a 52 week high of $2.87. The company has a 50-day moving average price of $1.88 and a 200-day moving average price of $2.11.

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