Enel S.p.A. (BIT:ENEL) Given Consensus Rating of “Buy” by Brokerages

Enel S.p.A. (BIT:ENEL) has been assigned a consensus recommendation of “Buy” from the twelve analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is €7.08 ($8.24).

A number of equities research analysts have issued reports on ENEL shares. Sanford C. Bernstein set a €7.80 ($9.07) price target on Enel and gave the company a “buy” rating in a research report on Monday, November 18th. Kepler Capital Markets set a €7.50 ($8.72) price objective on Enel and gave the stock a “buy” rating in a research report on Tuesday, November 26th. HSBC set a €7.40 ($8.60) target price on shares of Enel and gave the stock a “buy” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. set a €7.60 ($8.84) price target on shares of Enel and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Deutsche Bank set a €7.50 ($8.72) price target on shares of Enel and gave the stock a “buy” rating in a report on Wednesday, November 27th.

Enel has a 12-month low of €4.16 ($4.84) and a 12-month 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.

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Analyst Recommendations for Enel (BIT:ENEL)

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