Enel SpA (OTCMKTS:ENLAY) Given Average Rating of "Reduce" by Brokerages

Key Points

• Analysts give Enel a consensus rating of Reduce from nine covering firms—2 sell, 6 hold and 1 buy—although individual brokers vary (Barclays recently kept an "overweight" call while Citigroup is "neutral").
• Enel opened at $11.48 with a market capitalization of $116.7 billion, a P/E of 17.13 and debt/equity of 1.22; the stock's 12‑month range is $8.34 to $12.14 and its 50/200‑day moving averages are $11.17 and $10.68 respectively.

Shares of Enel SpA (OTCMKTS:ENLAY - Get Free Report) have earned a consensus rating of "Reduce" from the nine ratings firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company.

A number of equities analysts recently commented on ENLAY shares. Barclays reiterated an "overweight" rating on shares of Enel in a research note on Tuesday, February 24th. Citigroup reaffirmed a "neutral" rating on shares of Enel in a report on Wednesday, February 4th.

Enel Trading Down 0.2%

OTCMKTS ENLAY opened at $11.48 on Tuesday. The company has a market capitalization of $116.71 billion, a price-to-earnings ratio of 17.13, a price-to-earnings-growth ratio of 3.63 and a beta of 0.83. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.72 and a quick ratio of 0.65. Enel has a 12 month low of $8.34 and a 12 month high of $12.14. The company's fifty day moving average price is $11.17 and its two-hundred day moving average price is $10.68.

About Enel

Enel S.p.A. is a multinational energy company headquartered in Rome, Italy. It specializes in the generation, distribution and sale of electricity and gas, serving residential, commercial and industrial customers. Enel's business activities encompass both conventional thermal power plants and a growing portfolio of renewable energy assets, including wind, solar, hydroelectric and geothermal installations. The company also provides advanced energy management services, electric vehicle charging infrastructure and demand response solutions.

Founded in 1962 as a state-owned electricity provider, Enel underwent partial privatization starting in the late 1990s and was listed on the Milan Stock Exchange in 1999.

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