Morgan Stanley Analysts Give Enel (ENEL) a €6.00 Price Target

Enel (BIT:ENEL) received a €6.00 ($7.14) target price from investment analysts at Morgan Stanley in a research report issued on Monday. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s target price indicates a potential upside of 13.64% from the stock’s current price.

Several other analysts have also recently weighed in on the stock. Goldman Sachs Group set a €6.30 ($7.50) price target on shares of Enel and gave the company a “buy” rating in a research note on Monday, January 15th. Berenberg Bank set a €6.30 ($7.50) price target on shares of Enel and gave the company a “buy” rating in a research note on Friday, January 12th. UBS Group set a €6.05 ($7.20) price target on shares of Enel and gave the company a “buy” rating in a research note on Monday, December 11th. Deutsche Bank set a €5.40 ($6.43) price target on shares of Enel and gave the company a “neutral” rating in a research note on Wednesday, December 6th. Finally, Royal Bank of Canada set a €6.00 ($7.14) price target on shares of Enel and gave the company a “neutral” rating in a research note on Tuesday, December 5th. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Enel presently has a consensus rating of “Buy” and an average target price of €5.86 ($6.97).

Shares of Enel (ENEL) opened at €5.28 ($6.29) on Monday. Enel has a one year low of €3.82 ($4.55) and a one year high of €5.59 ($6.65). The firm has a market cap of $53,730.00 and a P/E ratio of 22.00.

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About Enel

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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