Analysts at JPMorgan Chase lowered their price target on shares of Enel S.p.A. (BIT: ENEL) from $3.90 (€3) to $3.50 (€3) in a research report issued to clients and investors on Thursday. The firm currently has a “neutral” rating on the stock.
A number of other firms have also recently commented on ENEL. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Enel S.p.A. in a research note to investors on Tuesday. They now have a $3.70 price target on the stock. Separately, analysts at AlphaValue reiterated a “buy” rating on shares of Enel S.p.A. in a research note to investors on Thursday, February 21st. They now have a $4.92 price target on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of Enel S.p.A. in a research note to investors on Thursday, February 7th. They now have a $3.65 price target on the stock.
Shares of Enel S.p.A. traded up 1.94% during mid-day trading on Thursday, hitting €2.8400. Enel S.p.A. has a 52 week low of €2.0200 and a 52 week high of €3.3000. The stock’s 50-day moving average is currently €2.80. The company has a market cap of €26.582 billion and a P/E ratio of 7.53.
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.