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Enel, Credit Suisse starts hedging and sets the price at 4,6 euros

In determining the target price, the analysts of the Swiss bank underline in their report a bullish potential, with an "outperform" judgment - Today the stock is worth less than 4 euros in Piazza Affari: the maximum of the year was 4,022 euros reached in one month does.

Credit Suisse analysts started coverage on Enel with a positive "outperform" rating and with a target price of 4,60 euros. The last closing was recorded at 3,984 euros, while today the stock is in further retreat in Piazza Affari, where in mid-morning it loses about half a percentage point, reaching a value of 3,954 euros (but still better than the Ftse Mib, which loses 0,8 .XNUMX%).

Year to date the percentage change in the share of the energy company is +2,36% (+1,13% in the last month), and the maximum value touched, above the 4 euro threshold, was 4,022 euro per share on 30 March .

In their report, the experts of the Swiss investment bank underline the upside potential of the share close to 18% (23% total return) compared to current stock market prices. Experts have focused on investment capacity, cost-cutting potential and restructuring in South America, factors which combined could significantly increase the stock's potential by 2019.

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