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Companhia Paranaense de Energia Pfd ( (ELP) ) has issued an announcement.
On November 17, 2025, Companhia Paranaense de Energia (Copel) announced the approval of a significant change in its shareholding structure, marking a decisive step towards its listing on the Novo Mercado of the Brazilian stock exchange. This transition involves the conversion of all preferred shares into new common and class ‘C’ preferred shares, a move ratified at a special meeting of preferred shareholders. The agreement for participation in the Novo Mercado was signed on November 5, 2025, and is contingent upon the completion of this conversion and the redemption of all class ‘C’ preferred shares. This strategic shift is expected to enhance Copel’s corporate governance and transparency, aligning with best practices and benefiting its stakeholders.
The most recent analyst rating on (ELP) stock is a Buy with a $12.50 price target. To see the full list of analyst forecasts on Companhia Paranaense de Energia Pfd stock, see the ELP Stock Forecast page.
Spark’s Take on ELP Stock
According to Spark, TipRanks’ AI Analyst, ELP is a Outperform.
Companhia Paranaense de Energia Pfd exhibits strong financial and operational performance, supported by robust technical indicators. However, concerns about increasing leverage, negative free cash flow, and challenges in generation curtailment slightly temper the overall outlook. The attractive dividend yield provides a cushion, but the valuation is not particularly compelling.
To see Spark’s full report on ELP stock, click here.
More about Companhia Paranaense de Energia Pfd
Companhia Paranaense de Energia, also known as Copel, is an energy company based in Paraná, Brazil. It operates in the electricity sector, providing services related to the generation, transmission, and distribution of electricity. The company is focused on enhancing its market presence and governance standards by transitioning to the Novo Mercado, a premium segment of the Brazilian stock exchange known for its high corporate governance standards.
Average Trading Volume: 189,635
Technical Sentiment Signal: Buy
Current Market Cap: $8.02B
See more data about ELP stock on TipRanks’ Stock Analysis page.