Morgan Stanley Reiterates “€6.00” Price Target for Enel (ENEL)
Enel (BIT:ENEL) has been assigned a €6.00 ($7.41) price objective by research analysts at Morgan Stanley in a research report issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 25.52% from the stock’s previous close.
A number of other equities analysts have also recently commented on ENEL. Deutsche Bank set a €5.40 ($6.67) target price on shares of Enel and gave the company a “neutral” rating in a report on Monday, November 27th. S&P Global set a €6.20 ($7.65) target price on shares of Enel and gave the company a “buy” rating in a report on Friday, November 10th. Goldman Sachs Group set a €6.20 ($7.65) target price on shares of Enel and gave the company a “buy” rating in a report on Wednesday, November 22nd. UBS Group set a €6.05 ($7.47) price objective on shares of Enel and gave the company a “buy” rating in a research report on Monday, January 22nd. Finally, Kepler Capital Markets set a €6.00 ($7.41) price objective on shares of Enel and gave the company a “buy” rating in a research report on Wednesday, November 22nd. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of €5.86 ($7.23).
Enel (BIT ENEL) opened at €4.78 ($5.90) on Tuesday. The company has a market cap of $48,600.00 and a price-to-earnings ratio of 19.92. Enel has a 1-year low of €3.94 ($4.86) and a 1-year high of €5.59 ($6.90).
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.
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