Enel (BIT:ENEL) has been given a €6.00 ($7.14) price target by Societe Generale in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. Societe Generale’s price objective would suggest a potential upside of 11.73% from the company’s current price.
Several other research firms also recently weighed in on ENEL. HSBC set a €5.80 ($6.90) target price on Enel and gave the company a “buy” rating in a report on Thursday. Bank of America set a €5.80 ($6.90) target price on Enel and gave the company a “buy” rating in a report on Wednesday. Kepler Capital Markets set a €6.00 ($7.14) target price on Enel and gave the company a “buy” rating in a report on Wednesday, November 22nd. Morgan Stanley set a €5.50 ($6.55) target price on Enel and gave the company a “buy” rating in a report on Wednesday, November 22nd. Finally, Credit Suisse Group set a €6.00 ($7.14) target price on Enel and gave the company a “buy” rating in a report on Friday. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of €5.73 ($6.82).
Shares of Enel (BIT:ENEL) opened at €5.37 ($6.39) on Friday. Enel has a fifty-two week low of €3.72 ($4.43) and a fifty-two week high of €5.49 ($6.54).
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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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