Enel S.p.A. Upgraded to Overweight by HSBC (ENEL)
Enel S.p.A. (BIT:ENEL) was upgraded by research analysts at HSBC from a “neutral” rating to an “overweight” rating in a report released on Friday, Analyst Ratings Network.com reports.
Shares of Enel S.p.A. (BIT:ENEL) traded up 1.20% during mid-day trading on Friday, hitting €3.2040. 78,717,080 shares of the company’s stock traded hands. Enel S.p.A. has a 52 week low of €2.2820 and a 52 week high of €3.3000. The stock’s 50-day moving average is €2.61 and its 200-day moving average is €2.66. The company has a market cap of €30.128 billion and a price-to-earnings ratio of 42.78.
Enel SpA, is an Italy-based company engaged in the power and gas sectors. The Company produces, distributes, and sells electricity and natural gas across Europe, Russia, North America and Latin America.
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