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An update from Ellomay ( (IL:ELLO) ) is now available.
On March 4, 2026, Ellomay Capital Ltd., a renewable energy and power generator active in Europe, Israel and the U.S., reported a major shift in its ownership structure after principal shareholders S. Nechama Investments, Kanir Joint Investments and Anat Raphael sold their combined 45.9% stake to Tel Aviv-listed O.Y. Nofar Energy Ltd. The transaction triggers a significant governance reshuffle, with two directors resigning immediately, the chairman set to step down within 30 days of the sale’s consummation, and the appointment of two new independent non-executive directors, Odelya Ohayon and Gilad Mamlok, who brings additional financial and capital-markets expertise to the board and its committees, signaling a potentially new strategic phase for the company’s stakeholders.
The most recent analyst rating on (IL:ELLO) stock is a Hold with a ILs9309.00 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. is an Israel-based renewable energy and power company listed on the NYSE American and the Tel Aviv Stock Exchange under the symbol ELLO. Since 2009, it has focused on developing and operating solar, gas-fired power, green gas and pumped-storage projects across Israel, Europe and the United States, with significant solar capacities in Spain, Italy and Texas and interests in large-scale power and biogas plants.
Average Trading Volume: 13,157
Technical Sentiment Signal: Buy
Current Market Cap: ILs1.03B
For an in-depth examination of ELLO stock, go to TipRanks’ Overview page.