Companhia Paranaense de Energia-COPEL traded at 16.61 this Friday October 2nd, increasing 0.52 or 3.23 percent since the previous trading session. Looking back, over the last four weeks, Copel gained 5.26 percent. Over the last 12 months, its price rose by 31.30 percent. Looking ahead, we forecast Companhia Paranaense de Energia-COPEL to be priced at 16.12 by the end of this quarter and at 14.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
Companhia Paranaense de Energia, also known as Copel, is a Brazil-based electric utilities company. The Firm’s activities are divided into five segments: Power Generation and Transmission (GeT); Power Distribution and Sales (DiS); Telecommunications (TEL); Gas; and Holding (HOL). The GeT segment includes the generation of electric energy from hydraulic, wind and thermal projects; the transport and transformation of the power generated by the Company; and the construction, operation and maintenance of all power transmission substations and lines. The DiS segment is focused on the distribution and sale of electric energy, and the operation and maintenance of the distribution infrastructure. The TEL segment provides telecommunications services. The Gas segment is involved in the public service of piped natural gas distribution. The HOL segment consists of the participation in other companies. The Company operates in the state of Parana.