Enel S.p.A. (ENEL) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Enel S.p.A. (BIT:ENEL) have received an average recommendation of “Buy” from the sixteen research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is €5.65 ($6.57).

A number of equities analysts have weighed in on ENEL shares. Credit Suisse Group set a €6.00 ($6.98) target price on Enel and gave the stock a “buy” rating in a research report on Monday, October 8th. HSBC set a €4.00 ($4.65) target price on Enel and gave the stock a “sell” rating in a research report on Tuesday, October 23rd. Goldman Sachs Group set a €5.60 ($6.51) target price on Enel and gave the stock a “buy” rating in a research report on Monday, October 29th. Deutsche Bank set a €5.40 ($6.28) target price on Enel and gave the stock a “buy” rating in a research report on Tuesday, October 30th. Finally, Royal Bank of Canada set a €5.75 ($6.69) target price on Enel and gave the stock a “buy” rating in a research report on Tuesday, November 6th.

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Enel has a 52-week low of €4.16 ($4.84) and a 52-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.

Further Reading: How to Trade Using Analysts Ratings

Analyst Recommendations for Enel (BIT:ENEL)

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