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COPEL Announces Significant Share Acquisition by Victor Adler

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COPEL Announces Significant Share Acquisition by Victor Adler

Elevate Your Investing Strategy:

Companhia Paranaense de Energia Pfd ( (ELP) ) has issued an announcement.

On May 14, 2025, COPEL announced that Victor Adler, along with associated parties, acquired approximately 17.92% of the company’s class ‘A’ preferred shares, totaling 560,600 shares. This acquisition is part of an investment strategy and does not aim to alter the company’s management or control structure, indicating a stable outlook for COPEL’s governance and operations.

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.

Copel demonstrates strong financial performance with consistent growth and profitability, buoyed by strategic asset optimization. Despite challenges in wind asset performance and trading, the company is attractively valued with positive market momentum, making it a strong contender in the regulated utilities sector.

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 energy sector, focusing on electricity generation, transmission, and distribution, serving a significant market in Brazil.

Average Trading Volume: 244,081

Technical Sentiment Signal: Buy

Current Market Cap: $6.29B

For an in-depth examination of ELP stock, go to TipRanks’ Stock Analysis page.

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