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Companhia Paranaense de Energia Pfd ( (ELP) ) has shared an announcement.
On June 30, 2025, Copel announced the completion of its acquisition of Neoenergia S.A.’s stake in the Baixo Iguaçu Hydroelectric Plant. This transaction, valued at R$ 1,050 million, marks the conclusion of Copel’s Right of First Refusal, allowing it to proceed with selling the entire CEBI consortium to ENERGO-PRO PARTICIPAÇÕES S.A. for R$ 1,554 million. This strategic move is expected to enhance Copel’s operational and administrative structure, adding value to the company.
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 energy sector, focusing on the generation, transmission, and distribution of electricity. The company is listed on multiple stock exchanges, including B3, NYSE, and LATIBEX, indicating its significant market presence.
Average Trading Volume: 252,996
Technical Sentiment Signal: Buy
Current Market Cap: $6.53B
For detailed information about ELP stock, go to TipRanks’ Stock Analysis page.