Is This Stock a Screaming Buy: CPFL Energia S.A. (NYSE:CPL)

Equity Research firms currently have a positive stance on shares of CPFL Energia S.A. (NYSE:CPL). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $13.20 on a short term basis.

At the time of writing, the stock was trading at $14.99. This represents a change from the opening price of -0.53%. In terms of performance, year to date, the stock is 108.93%. The monthly stock performance comes in at 0.13%. For the quarter, shares are performing at 9.75%. Weekly performance analysis shows the equity at 0.94%.

In taking a look at technical levels, shares are trading 3.45% away from the 50 day simple moving average and 34.63% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -2.09% away from it’s 52- week high and 137.36% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, CPFL Energia S.A.’s RSI stands at 55.99. In looking at volatility levels, the shares saw weekly volatility of 1.39% and 1.70% over the past month.

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