Enel (OTCMKTS:ENLAY) Receives New Coverage from Analysts at Deutsche Bank Aktiengesellschaft

Research analysts at Deutsche Bank Aktiengesellschaft assumed coverage on shares of Enel (OTCMKTS:ENLAY) in a research note issued on Wednesday, StockNewsAPI reports. The brokerage set a “hold” rating on the utilities provider’s stock.

Several other equities analysts have also recently weighed in on the company. Barclays upgraded Enel to a “strong-buy” rating in a report on Friday, September 27th. Jefferies Financial Group upgraded Enel from a “hold” rating to a “buy” rating in a research report on Friday, July 12th.

Enel Stock Down 0.4 %

OTCMKTS ENLAY traded down $0.03 during trading on Wednesday, hitting $7.93. The stock had a trading volume of 121,189 shares, compared to its average volume of 288,460. The stock has a 50 day simple moving average of $7.46 and a 200 day simple moving average of $7.07. Enel has a one year low of $5.69 and a one year high of $8.01.

Enel (OTCMKTS:ENLAY) last posted its quarterly earnings results on Friday, July 26th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $20.77 billion for the quarter. Research analysts anticipate that Enel will post 0.75 earnings per share for the current year.

About Enel

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.