CPFL Energia traded at 49.67 this Thursday October 15th, decreasing 1.16 or 2.28 percent since the previous trading session. Looking back, over the last four weeks, CPFL Energia lost 10.04 percent. Over the last 12 months, its price rose by 26.97 percent. Looking ahead, we forecast CPFL Energia to be priced at 51.09 by the end of this quarter and at 46.69 in one year, according to Trading Economics global macro models projections and analysts expectations.
CPFL Energia S.A. is a holding company. The Company, through its subsidiaries, distributes, generates, transmits and commercializes electricity in Brazil, as well as provides energy-related services. Its segments include Distribution, Conventional Generation Sources, Renewable Energy Generation, Commercialization and Services. The Company operates its distribution segment through its eight distributors. Its installed capacity in conventional generation is approximately 2,200 megawatt (MW). The Company, through its subsidiary CPFL Geracao, holds equity interests in eight Hydroelectric Power Plants. It operates in the segment of generation of energy of renewable sources, such as wind, biomass thermal plants, SHPPs and solar, through its subsidiary, CPFL Renovaveis. The Company operates in the segment of commercialization (power competitive supply) through its subsidiary, CPFL Brasil. The Company operates in the segment of value-added services providing electricity-related services.