The Morgan Stanley Reiterates “€4.30” Price Target for Enel S.p.A. (ENEL)

The Morgan Stanley Reiterates “€4.30” Price Target for Enel S.p.A. (ENEL)

Morgan Stanley set a €4.30 ($4.57) price target on Enel S.p.A. (BIT:ENEL) in a research report sent to investors on Monday. The brokerage currently has a neutral rating on the stock.

Several other analysts also recently weighed in on ENEL. HSBC set a €4.90 ($5.21) price target on Enel S.p.A. and gave the company a buy rating in a research note on Monday, October 3rd. Berenberg Bank set a €4.50 ($4.79) target price on Enel S.p.A. and gave the stock a buy rating in a research note on Tuesday, November 1st. Goldman Sachs Group, Inc. (The) set a €5.35 ($5.69) target price on Enel S.p.A. and gave the stock a buy rating in a research note on Friday, November 4th. Barclays PLC set a €5.00 ($5.32) target price on Enel S.p.A. and gave the stock a buy rating in a research note on Wednesday, November 16th. Finally, BNP Paribas set a €3.90 ($4.15) target price on Enel S.p.A. and gave the stock a neutral rating in a research note on Monday, November 21st. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of €4.62 ($4.92).

Shares of Enel S.p.A. (BIT:ENEL) opened at 4.148 on Monday. The company’s 50-day moving average price is €4.06 and its 200 day moving average price is €3.96. Enel S.p.A. has a 52 week low of €3.33 and a 52 week high of €4.24. The company has a market cap of €41.35 billion and a P/E ratio of 14.205.

About Enel S.p.A.

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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