JPMorgan Chase & Co. Cuts Enlight Renewable Energy (NASDAQ:ENLT) Price Target to $22.00

Enlight Renewable Energy (NASDAQ:ENLT – Get Rating) had its target price trimmed by JPMorgan Chase & Co. from $23.00 to $22.00 in a research note released on Thursday, Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other analysts have also recently weighed in on ENLT. Barclays initiated coverage on shares of Enlight Renewable Energy in a research report on Tuesday, March 7th. They set an overweight rating and a $21.00 price target for the company. Credit Suisse Group initiated coverage on shares of Enlight Renewable Energy in a research report on Tuesday, March 7th. They issued an outperform rating and a $22.00 price objective for the company. Wolfe Research initiated coverage on shares of Enlight Renewable Energy in a research report on Tuesday, March 7th. They issued an outperform rating and a $21.00 price objective for the company. Finally, Roth Capital reissued a buy rating on shares of Enlight Renewable Energy in a research report on Tuesday, March 7th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Enlight Renewable Energy currently has a consensus rating of Buy and a consensus target price of $21.50.

Enlight Renewable Energy Price Performance

Shares of Enlight Renewable Energy stock opened at $16.25 on Thursday. Enlight Renewable Energy has a twelve month low of $15.38 and a twelve month high of $29.70.

Enlight Renewable Energy Company Profile

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Enlight Renewable Energy provides renewable energy platform which develops, finances, constructs, owns and operates utility-sale renewable energy projects. Enlight Renewable Energy is based in TEL AVIV, Israel.