EDP Energias do Brasil SA traded at 24.08 this Monday August 21st, increasing 0.03 or 0.12 percent since the previous trading session. Looking back, over the last four weeks, EDP Energias do Brasil gained 1.05 percent. Over the last 12 months, its price rose by 1.60 percent. Looking ahead, we forecast EDP Energias do Brasil SA to be priced at 23.43 by the end of this quarter and at 21.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
EDP Energias do Brasil SA is a Brazil-based company primarily engaged in the electricity distribution. The Company's activities are divided into four business segments: Distribution, Generation, Sales and Others. The Distribution division focuses on supplying electric power to households, as well as commercial and industrial customers in the states of Sao Paulo and Espirito Santo, Brazil. The Generation division produces electricity by operating hydroelectric power plants (HPPs), small hydroelectric power plants (SHPPs) and thermal power plants (TPPs). The Sales division is responsible for the commercialization of electric power. The Others division includes infrastructure construction work, power efficiency projects and advisory services, among others. The Company owns a number of subsidiaries, such as Bandeirante Energia SA, Espirito Santo Centrais Eletricas SA, Energest SA and EDP GRID Gestao de Redes Inteligentes de Distribuicao SA.