Berenberg Bank Reiterates “€6.30” Price Target for Enel (ENEL)

Berenberg Bank set a €6.30 ($7.50) price target on Enel (BIT:ENEL) in a research note issued to investors on Friday. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the company. Goldman Sachs Group set a €6.10 ($7.26) target price on Enel and gave the company a buy rating in a report on Thursday, September 14th. Macquarie set a €5.50 ($6.55) target price on Enel and gave the company a buy rating in a report on Monday, September 25th. Morgan Stanley set a €5.50 ($6.55) target price on Enel and gave the company a buy rating in a report on Monday, December 4th. Royal Bank of Canada set a €6.00 ($7.14) price objective on Enel and gave the stock a neutral rating in a report on Tuesday, December 5th. Finally, Deutsche Bank set a €5.00 ($5.95) price objective on Enel and gave the stock a neutral rating in a report on Friday, November 10th. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company has a consensus rating of Buy and an average target price of €5.83 ($6.94).

Enel (ENEL) opened at €5.30 ($6.31) on Friday. The firm has a market capitalization of $53,880.00 and a PE ratio of 22.08. Enel has a twelve month low of €3.82 ($4.55) and a twelve month high of €5.59 ($6.65).

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About Enel

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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