Enel S.p.A. (ENEL) Receives €5.72 Average Target Price from Analysts

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Enel S.p.A. (BIT:ENEL) has earned a consensus rating of “Buy” from the twenty analysts that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and fifteen have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is €5.65 ($6.57).

Several research firms recently weighed in on ENEL. Goldman Sachs Group set a €6.00 ($6.98) price objective on Enel and gave the company a “buy” rating in a research note on Friday, May 18th. Morgan Stanley set a €6.00 ($6.98) price objective on Enel and gave the company a “buy” rating in a research note on Tuesday, May 22nd. Societe Generale set a €6.00 ($6.98) price objective on Enel and gave the company a “buy” rating in a research note on Wednesday, May 23rd. Kepler Capital Markets set a €6.00 ($6.98) price objective on Enel and gave the company a “buy” rating in a research note on Thursday, May 31st. Finally, Deutsche Bank set a €5.40 ($6.28) price objective on Enel and gave the company a “neutral” rating in a research note on Thursday, May 31st.

Shares of ENEL traded up €0.05 ($0.06) during trading hours on Wednesday, hitting €4.93 ($5.73). 67,530,000 shares of the company were exchanged, compared to its average volume of 36,710,000. Enel has a fifty-two week low of €4.16 ($4.84) and a fifty-two week high of €5.59 ($6.50).

About Enel

Enel SpA, together with its subsidiaries, operates as an integrated electricity and gas company in South America, Europe, North and Central America, Africa, and Asia. The company generates, transmits, distributes, transports, purchases, and sells electricity; generates heat; and produces distributes, transports, and sells natural gas.

See Also: Return on Equity (ROE)

Analyst Recommendations for Enel (BIT:ENEL)

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