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Enter Symbol:
Rating: ELP

Companhia Paranaense De Energia (copel) (NYSE: ELP) rated to Neutral by Credit Suisse

Friday,  May 15, 2015  12:25 PM ET by Lynn Gilbert

Credit Suisse rated Companhia
Paranaense De Energia (copel) (NYSE: ELP) to Neutral.

Companhia Paranaense de Energia - COPEL is a Brazil-based company involved in the energy sector. It has 17 hydroelectric and one thermoelectric power plants. Through its subsidiaries, Copel is principally engaged in the distribution, generation, transmission and commercialization of electric energy for residential, industrial, commercial and rural consumption, among others. The Company directly serves 3,491,930 consuming units, across 393 cities and 1,118 locations (districts, villages and settlements) in the state of Parana. The Company also provides telecommunication and consulting services. The Company?s subsidiaries include COPEL Geracao e Transmissao, COPEL Distribuicao, COPEL Telecomunicacoes and COPEL Participacoes, among others.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.

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