JPMorgan Chase & Co. Reiterates €7.00 Price Target for Enel (BIT:ENEL)

JPMorgan Chase & Co. set a €7.00 ($8.14) price target on Enel (BIT:ENEL) in a research report released on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on ENEL. Sanford C. Bernstein set a €6.20 ($7.21) price objective on shares of Enel and gave the stock a buy rating in a research note on Thursday, May 2nd. Kepler Capital Markets set a €6.80 ($7.91) target price on shares of Enel and gave the company a buy rating in a report on Tuesday, June 18th. Deutsche Bank set a €7.00 ($8.14) target price on shares of Enel and gave the company a buy rating in a report on Monday, July 29th. Credit Suisse Group set a €7.00 ($8.14) target price on shares of Enel and gave the company a buy rating in a report on Thursday, July 11th. Finally, HSBC set a €6.30 ($7.33) target price on shares of Enel and gave the company a neutral rating in a report on Wednesday, July 3rd. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of €6.33 ($7.35).

Enel has a one year low of €4.16 ($4.84) and a one year high of €5.59 ($6.50).

About Enel

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.

Read More: What are CEFs?

Analyst Recommendations for Enel (BIT:ENEL)

Receive News & Ratings for Enel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enel and related companies with MarketBeat.com's FREE daily email newsletter.