Enel S.p.A. ADS (OTCMKTS:ENLAY) Rating Increased to Buy at HSBC

HSBC upgraded shares of Enel S.p.A. ADS (OTCMKTS:ENLAY) from a hold rating to a buy rating in a research note released on Friday morning, The Fly reports.

A number of other research firms have also recently issued reports on ENLAY. Berenberg Bank cut Enel S.p.A. ADS from a buy rating to a hold rating in a report on Tuesday, September 3rd. ValuEngine lowered Enel S.p.A. ADS from a buy rating to a hold rating in a research report on Thursday, August 1st.

Enel S.p.A. ADS stock opened at $7.31 on Friday. The stock has a market capitalization of $73.63 billion, a price-to-earnings ratio of 12.93 and a beta of 0.44. Enel S.p.A. ADS has a 52-week low of $4.84 and a 52-week high of $7.49. The stock’s 50 day moving average price is $7.05 and its two-hundred day moving average price is $6.65. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.85 and a current ratio of 0.91.

About Enel S.p.A. ADS

Enel SpA operates as an integrated electricity and gas operator worldwide. The company generates, transmits, distributes, purchases, transports, and sells electricity; transports and markets natural gas; supplies LNG; designs, develops, constructs, operates, manages, and maintains generation plants and distribution grids; and designs, constructs, and operates merchant lines.

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