Enel S.p.A. ADS (OTCMKTS:ENLAY) Downgraded to “Hold” at HSBC
HSBC lowered shares of Enel S.p.A. ADS (OTCMKTS:ENLAY) from a buy rating to a hold rating in a research report report published on Friday morning, The Fly reports.
A number of other equities research analysts also recently issued reports on ENLAY. Goldman Sachs Group upgraded Enel S.p.A. ADS from a buy rating to a conviction-buy rating in a research note on Monday, March 23rd. Bank of America upgraded Enel S.p.A. ADS from a neutral rating to a buy rating in a research note on Friday, May 29th. Barclays upgraded Enel S.p.A. ADS from an equal weight rating to an overweight rating in a report on Friday, June 5th. ValuEngine lowered shares of Enel S.p.A. ADS from a hold rating to a sell rating in a report on Monday, June 8th. Finally, UBS Group reaffirmed a buy rating on shares of Enel S.p.A. ADS in a report on Tuesday, April 7th. One analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of Buy.
Shares of ENLAY opened at $8.59 on Friday. Enel S.p.A. ADS has a 1-year low of $5.69 and a 1-year high of $9.25. The stock has a market cap of $86.24 billion, a price-to-earnings ratio of 29.62 and a beta of 0.50. The firm has a 50 day simple moving average of $7.69 and a 200-day simple moving average of $7.69. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.92 and a quick ratio of 0.85.
Enel SpA operates as an integrated electricity and gas operator worldwide. The company generates, transmits, distributes, purchases, transports, and sells electricity; transports and markets natural gas; supplies LNG; designs, develops, constructs, operates, manages, and maintains generation plants and distribution grids; and designs, constructs, and operates merchant lines.
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