Barclays Upgrades Enel (OTCMKTS:ENLAY) to “Strong-Buy”

Enel (OTCMKTS:ENLAY) was upgraded by analysts at Barclays to a “strong-buy” rating in a research report issued on Friday, Zacks.com reports.

Separately, Jefferies Financial Group upgraded shares of Enel from a “hold” rating to a “buy” rating in a report on Friday, July 12th.

Enel Price Performance

Shares of ENLAY stock opened at $7.96 on Friday. Enel has a twelve month low of $5.69 and a twelve month high of $8.01. The firm has a 50-day moving average price of $7.44 and a 200 day moving average price of $7.06.

Enel (OTCMKTS:ENLAY) last issued its earnings results on Friday, July 26th. The utilities provider reported $0.23 earnings per share for the quarter. The firm had revenue of $20.77 billion during the quarter. Equities analysts predict 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.