Shares of Enel SpA (OTCMKTS:ENLAY – Get Rating) have earned a consensus recommendation of "Moderate Buy" from the ten research firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $8.63.
A number of equities analysts recently weighed in on the stock. UBS Group dropped their target price on shares of Enel from €9.50 ($9.60) to €9.00 ($9.09) in a research report on Friday, April 29th. Barclays decreased their price target on shares of Enel from €9.20 ($9.29) to €8.50 ($8.59) and set an "overweight" rating on the stock in a research note on Wednesday, June 22nd. HSBC downgraded shares of Enel from a "buy" rating to a "hold" rating in a research note on Friday, July 1st. JPMorgan Chase & Co. reduced their price target on shares of Enel from €9.20 ($9.29) to €9.00 ($9.09) in a research note on Thursday, April 28th. Finally, Royal Bank of Canada raised their price target on shares of Enel from €9.25 ($9.34) to €9.75 ($9.85) in a research note on Monday, June 13th.
Get Enel alerts:Enel Stock Performance
ENLAY opened at $4.75 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.87 and a quick ratio of 0.82. The company has a 50 day simple moving average of $5.74 and a two-hundred day simple moving average of $6.49. Enel has a 1-year low of $4.68 and a 1-year high of $9.60. The firm has a market cap of $48.29 billion, a P/E ratio of 16.96 and a beta of 0.74.
Enel Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, August 10th. Investors of record on Tuesday, July 19th will be issued a $0.1152 dividend. The ex-dividend date of this dividend is Monday, July 18th. This represents a yield of 4.88%. Enel's dividend payout ratio (DPR) is currently 82.14%.About Enel
(Get Rating)
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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