COPEL Approves Mandatory Share Conversion in November 2025

Meet Your ETF AI Analyst Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.The latest update is out from Companhia Paranaense de Energia Pfd ( (ELP) ). On November 17, 2025, Companhia Paranaense de Energia (COPEL) held a special digital meeting for shareholders holding preferred shares. The meeting resulted in the approval of the mandatory conversion of all preferred shares into common shares and class ‘C’ preferred shares, which are compulsorily redeemable. The conversion was ratified with a significant majority, and shareholders who did not approve the conversion have the right to withdraw from the company. This strategic move aims to streamline the company’s share structure and potentially enhance its market position. The most recent analyst rating on (ELP) stock is a Buy with a $12.50 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. Companhia Paranaense de Energia Pfd exhibits strong financial and operational performance, supported by robust technical indicators. However, concerns about increasing leverage, negative free cash flow, and challenges in generation curtailment slightly temper the overall outlook. The attractive dividend yield provides a cushion, but the valuation is not particularly compelling. 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 a publicly traded energy company based in Curitiba, Paraná, Brazil. It operates in the energy sector, focusing on the generation, transmission, and distribution of electricity. Average Trading Volume: 189,635 Technical Sentiment Signal: Buy Current Market Cap: $8.02B Learn more about ELP stock on TipRanks’ Stock Analysis page.