Enel SpA (OTCMKTS:ENLAY – Get Rating) has been assigned a consensus recommendation of "Hold" from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $7.78.
ENLAY has been the topic of several analyst reports. Morgan Stanley lowered shares of Enel from an "equal weight" rating to an "underweight" rating in a research note on Friday, January 6th. JPMorgan Chase & Co. raised their price target on shares of Enel from €7.30 ($7.85) to €7.60 ($8.17) and gave the company an "overweight" rating in a research note on Tuesday, December 6th.
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Shares of OTCMKTS:ENLAY opened at $6.07 on Friday. The firm's 50 day moving average is $5.72 and its two-hundred day moving average is $5.23. Enel has a 52 week low of $3.82 and a 52 week high of $6.86.
Enel Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, February 17th. Investors of record on Tuesday, January 24th were paid a dividend of $0.1137 per share. The ex-dividend date of this dividend was Monday, January 23rd. This represents a dividend yield of 3.52%.
About Enel
(Get Rating)
Enel SpA engages in the electricity generation and distribution of natural gas. Its business lines include Enel Green Power, and Thermal Generation, Global Energy and Commodity Management, Global Infrastructure and Networks, Enel X Global Retail and Global Emobility. It also offers services to enable businesses and communities to leverage integrated technological solutions.
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