Enel SpA (OTCMKTS:ENLAY) Receives Average Rating of “Buy” from Brokerages

Shares of Enel SpA (OTCMKTS:ENLAY) have received a consensus rating of “Buy” from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating and six have assigned a buy rating to the company.

Several research firms recently issued reports on ENLAY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Enel in a research note on Tuesday, June 22nd. Citigroup reaffirmed a “sell” rating on shares of Enel in a research note on Wednesday, June 2nd. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Enel in a research report on Wednesday, September 8th. Barclays reissued an “overweight” rating on shares of Enel in a research report on Wednesday, September 15th. Finally, Jefferies Financial Group assumed coverage on shares of Enel in a research report on Wednesday, August 18th. They set an “underperform” rating for the company.

ENLAY stock opened at $8.17 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.75 and a debt-to-equity ratio of 1.17. Enel has a 1 year low of $7.85 and a 1 year high of $11.01. The company has a fifty day simple moving average of $8.96 and a 200 day simple moving average of $9.53. The firm has a market cap of $83.06 billion, a PE ratio of 28.17 and a beta of 0.58.

The business also recently disclosed a dividend, which was paid on Thursday, August 12th. Stockholders of record on Tuesday, July 20th were given a dividend of $0.4349 per share. This represents a dividend yield of 4.62%. The ex-dividend date of this dividend was Monday, July 19th. Enel’s dividend payout ratio is currently 80.00%.

About Enel

Enel SpA engages in the electricity generation and distribution and distribution of natural gas. Its products include green power: production of energy from renewable sources; thermal generation: produces electricity for grids; infrastructure and networks: operates power networks; energy supply: energy to homes and businesses; and global trading that manages integrated portfolios that involve hedging activities to reduce risk and regulate energy supply.

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Analyst Recommendations for Enel (OTCMKTS:ENLAY)

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