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The latest announcement is out from Companhia Paranaense de Energia Pfd ( (ELP) ).
On June 23, 2025, COPEL’s Board of Directors approved a proposal to migrate the company to B3’s Novo Mercado, a segment known for high corporate governance standards. This move involves restructuring share classes, including the creation and redemption of a new class of preferred shares, and aims to unify share types to increase liquidity and expand the investor base. The proposal will be deliberated at an Extraordinary General Meeting on August 4, 2025, with additional approvals required from shareholders and creditors. This strategic shift is expected to enhance COPEL’s market positioning and transparency.
The most recent analyst rating on (ELP) stock is a Buy with a $10.10 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.
The overall stock score of 78 reflects strong financial performance supported by robust profitability and efficient cash flow management. Technical analysis indicates a bullish trend, while the valuation suggests the stock is well-priced with a solid dividend yield. The absence of recent earnings guidance or notable corporate events limits additional insights, but the fundamental financial health and favorable market trends provide a positive outlook.
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, focusing on the generation, transmission, and distribution of electric power. The company is listed on multiple stock exchanges, including B3, NYSE, and LATIBEX, and is known for its commitment to high corporate governance standards.
Average Trading Volume: 250,918
Technical Sentiment Signal: Buy
Current Market Cap: $6.56B
Find detailed analytics on ELP stock on TipRanks’ Stock Analysis page.