UBS Group Reiterates “€7.00” Price Target for Enel (BIT:ENEL)
UBS Group set a €7.00 ($8.14) target price on Enel (BIT:ENEL) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other brokerages have also commented on ENEL. Deutsche Bank set a €7.00 ($8.14) price target on Enel and gave the stock a buy rating in a research note on Monday, July 29th. Goldman Sachs Group set a €7.65 ($8.90) price target on Enel and gave the stock a buy rating in a research note on Monday, August 5th. HSBC set a €6.30 ($7.33) price target on Enel and gave the stock a neutral rating in a research note on Wednesday, July 3rd. Berenberg Bank set a €6.70 ($7.79) price target on Enel and gave the stock a neutral rating in a research note on Tuesday, September 3rd. Finally, Sanford C. Bernstein set a €7.50 ($8.72) price target on Enel and gave the stock a buy rating in a research note on Friday, September 6th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company has an average rating of Buy and a consensus target price of €6.67 ($7.76).
Enel has a 12-month low of €4.16 ($4.84) and a 12-month high of €5.59 ($6.50).
Enel SpA, together with its subsidiaries, operates as an integrated electricity and gas company in South America, Europe, North and Central America, Africa, and Asia. The company generates, transmits, distributes, transports, purchases, and sells electricity; generates heat; and produces distributes, transports, and sells natural gas.
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