Enel S.p.A. (ENEL) Receives €5.86 Consensus Target Price from Brokerages

Enel S.p.A. (BIT:ENEL) has earned an average rating of “Buy” from the seventeen analysts that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is €5.86 ($7.23).

A number of research firms have recently issued reports on ENEL. Morgan Stanley set a €5.50 ($6.79) price target on shares of Enel and gave the stock a “buy” rating in a research report on Monday, December 4th. Royal Bank of Canada set a €6.00 ($7.41) price target on shares of Enel and gave the stock a “neutral” rating in a research report on Tuesday, December 5th. Bank of America set a €5.80 ($7.16) price target on shares of Enel and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Credit Suisse Group set a €6.00 ($7.41) price target on shares of Enel and gave the stock a “buy” rating in a research report on Friday, December 1st. Finally, Deutsche Bank set a €5.00 ($6.17) price target on shares of Enel and gave the stock a “neutral” rating in a research report on Friday, November 10th.

Enel (BIT:ENEL) traded down €0.01 ($0.01) during mid-day trading on Friday, reaching €4.77 ($5.89). 27,840,000 shares of the company’s stock were exchanged, compared to its average volume of 35,020,000. Enel has a 52 week low of €3.95 ($4.88) and a 52 week high of €5.59 ($6.90). The stock has a market capitalization of $48,500.00 and a price-to-earnings ratio of 19.88.

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Enel Company Profile

Enel SpA (Enel) is a multinational energy company and a global integrated operator in the electricity and gas industries with a focus on Europe and Latin America. The Company’s segments include Italy, Iberian Peninsula, Latin America, Eastern Europe, Renewable Energy and Other. The Company’s divisions include Generation, Trading, Infrastructure and Networks, Upstream Gas and Renewable Energy.

Analyst Recommendations for Enel (BIT:ENEL)

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