Enel (OTCMKTS:ENLAY) Upgraded to Strong-Buy at Barclays

Barclays upgraded shares of Enel (OTCMKTS:ENLAY) to a strong-buy rating in a research note released on Friday morning, Zacks.com reports.

Separately, Jefferies Financial Group raised shares of Enel from a hold rating to a buy rating in a research note on Friday, July 12th.

Enel Stock 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 stock’s fifty day simple moving average is $7.44 and its 200 day simple moving average is $7.06.

Enel (OTCMKTS:ENLAY) last released its quarterly 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 for the quarter. On average, equities analysts anticipate that Enel will post 0.75 EPS 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.