ENERGIAS DO BRASIL ON BRAZIL sees an upgrade to Positive due to a better fundamental star rating
The general evaluation of ENERGIAS DO BRASIL ON BRAZIL (BR), a company active in the Conventional Electricity industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date March 8, 2022, the closing price was BRL 20.78 and its potential was estimated at BRL 22.66.Energias do Brasil is a holding company. Through its subsidiaries, Co. is engaged in the generation, acquisition, transmission, distribution and sale of hydroelectric and thermoelectric energy, as well as the import and export of electricity in the form of medium, high, and very-high tension electric energy.
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