Enel S.p.A. Stock Rating Reaffirmed by Banca Akros (ENEL)

Enel S.p.A. (BIT: ENEL)‘s stock had its “hold” rating restated by Banca Akros in a research note issued on Friday, Analyst Ratings Network reports. They currently have a €2.80 ($3.64) price target on the stock.

Enel S.p.A. (BIT: ENEL) traded up 2.38% on Friday, hitting €2.9240. Enel S.p.A. has a 1-year low of €2.0200 and a 1-year high of €3.3000. The stock’s 50-day moving average is currently €2.80. The company has a market cap of €27.681 billion and a price-to-earnings ratio of 48.41.

A number of other analysts have also recently weighed in on ENEL. Analysts at ICBPI reiterated a “neutral” rating on shares of Enel S.p.A. in a research note to investors on Thursday. They now have a €2.84 ($3.69) price target on the stock. Separately, analysts at BNP Paribas reiterated an “underperform” rating on shares of Enel S.p.A. in a research note to investors on Tuesday, May 21st. They now have a €2.60 ($3.38) price target on the stock. Finally, analysts at AlphaValue reiterated an “add” rating on shares of Enel S.p.A. in a research note to investors on Thursday, May 16th. They now have a €3.38 ($4.39) price target on the stock.

One analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €2.84 ($3.69).

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.

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