Enel’s (ENLAY) Overweight Rating Reiterated at Barclays

Enel (OTCMKTS:ENLAY)‘s stock had its “overweight” rating reaffirmed by stock analysts at Barclays in a research note issued on Wednesday, The Fly reports.

Several other analysts also recently weighed in on the stock. Citigroup reaffirmed a “sell” rating on shares of Enel in a report on Wednesday, June 2nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Enel in a report on Wednesday, September 8th. UBS Group reissued a “buy” rating on shares of Enel in a research note on Tuesday, September 7th. Societe Generale restated a “buy” rating on shares of Enel in a research note on Thursday, July 1st. They noted that the move was a valuation call. Finally, Jefferies Financial Group started coverage on Enel in a report on Wednesday, August 18th. They set an “underperform” rating on the stock. Two research analysts have rated the stock with a sell rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Enel presently has a consensus rating of “Buy”.

OTCMKTS:ENLAY traded down $0.10 during midday trading on Wednesday, reaching $8.72. The stock had a trading volume of 399,639 shares, compared to its average volume of 500,087. The company has a quick ratio of 0.75, a current ratio of 0.81 and a debt-to-equity ratio of 1.17. The stock has a market cap of $88.65 billion, a P/E ratio of 30.07 and a beta of 0.58. The firm has a fifty day simple moving average of $9.17 and a two-hundred day simple moving average of $9.60. Enel has a 12-month low of $7.85 and a 12-month high of $11.01.

Enel Company Profile

Enel SpA engages in the electricity generation and distribution and distribution of natural gas. Its products include green power: production of energy from renewable sources; thermal generation: produces electricity for grids; infrastructure and networks: operates power networks; energy supply: energy to homes and businesses; and global trading that manages integrated portfolios that involve hedging activities to reduce risk and regulate energy supply.

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