Enel (OTCMKTS:ENLAY) Coverage Initiated at Deutsche Bank Aktiengesellschaft

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

ENLAY has been the topic of several other reports. Barclays upgraded shares of Enel to a “strong-buy” rating in a report on Friday, September 27th. Jefferies Financial Group raised Enel from a “hold” rating to a “buy” rating in a report on Friday, July 12th.

Enel Stock Performance

ENLAY stock opened at $7.66 on Wednesday. Enel has a twelve month low of $5.71 and a twelve month high of $8.01. The stock’s 50 day moving average is $7.48 and its 200-day moving average is $7.08.

Enel (OTCMKTS:ENLAY) last issued its quarterly earnings data on Friday, July 26th. The utilities provider reported $0.23 earnings per share for the quarter. The company had revenue of $20.77 billion for the quarter. As a group, equities analysts predict that Enel will post 0.75 EPS for the current fiscal year.

Enel Company Profile

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.