Enel SpA (OTCMKTS:ENLAY) Receives Average Recommendation of “Reduce” from Analysts

Enel SpA (OTCMKTS:ENLAY) has been assigned an average rating of “Reduce” from the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has assigned a buy recommendation to the company.

Several analysts have recently issued reports on ENLAY shares. Citigroup reiterated a “neutral” rating on shares of Enel in a research note on Wednesday, February 4th. Barclays reaffirmed an “overweight” rating on shares of Enel in a report on Tuesday, February 24th.

Enel Stock Performance

OTCMKTS ENLAY opened at $11.52 on Friday. Enel has a 1 year low of $7.66 and a 1 year high of $12.14. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.81 and a quick ratio of 0.72. The firm has a market cap of $117.12 billion, a price-to-earnings ratio of 17.19, a PEG ratio of 3.65 and a beta of 0.83. The company has a fifty day moving average price of $11.10 and a 200-day moving average price of $10.49.

Enel Company Profile

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.