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The latest update is out from Ellomay ( (IL:ELLO) ).
Ellomay Capital Ltd. has announced a legal update regarding its acquisition of 15% of Dorad Energy Ltd. shares. A legal claim by Edelcom Ltd., a shareholder of Dorad, sought to reverse the sale of 7.5% of Dorad shares from Zorlu Enerji Elektrik Üretim A.S to Ellomay Luzon Energy. However, following a preliminary hearing, Edelcom requested the dismissal of the claim, which was granted by the court on November 19, 2025. This dismissal potentially strengthens Ellomay’s position in Dorad, as the court also indicated that future similar claims could result in expenses for Edelcom.
The most recent analyst rating on (IL:ELLO) stock is a Hold with a ILs6758.00 price target. To see the full list of analyst forecasts on Ellomay stock, see the IL:ELLO Stock Forecast page.
More about Ellomay
Ellomay Capital Ltd. operates in the energy sector, focusing on the acquisition and development of renewable energy and power generation projects. The company has a significant interest in various energy infrastructures, including solar and natural gas facilities, primarily targeting markets in Israel and Europe.
Average Trading Volume: 6,677
Technical Sentiment Signal: Buy
Current Market Cap: ILs929.2M
For detailed information about ELLO stock, go to TipRanks’ Stock Analysis page.