Enel (BIT:ENEL) has been given a €6.00 ($7.14) price objective by research analysts at Royal Bank Of Canada in a research report issued on Tuesday. The firm currently has a “neutral” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 8.50% from the company’s previous close.

Other analysts also recently issued reports about the company. Morgan Stanley set a €5.50 ($6.55) price objective on Enel and gave the stock a “buy” rating in a research note on Monday. Goldman Sachs Group set a €6.10 ($7.26) target price on Enel and gave the company a “buy” rating in a report on Thursday, September 14th. Macquarie set a €5.50 ($6.55) target price on Enel and gave the company a “buy” rating in a report on Monday, September 25th. 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, November 29th. 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 analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Enel has a consensus rating of “Buy” and an average price target of €5.76 ($6.86).

Shares of Enel (BIT ENEL) traded up €0.06 ($0.07) during trading on Tuesday, hitting €5.53 ($6.58). The stock had a trading volume of 30,060,000 shares, compared to its average volume of 26,620,000. Enel has a 12-month low of €3.72 ($4.43) and a 12-month high of €5.55 ($6.61).

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Enel Company Profile

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.

Analyst Recommendations for Enel (BIT:ENEL)

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