Enel Americas (ENIA) Stock Rating Upgraded by ValuEngine

Enel Americas (NYSE:ENIA) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.

Separately, Morgan Stanley assumed coverage on shares of Enel Americas in a research report on Monday, October 22nd. They set an “overweight” rating on the stock. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Buy”.

Shares of NYSE:ENIA traded down $0.05 on Tuesday, reaching $7.77. 4,141,300 shares of the company’s stock were exchanged, compared to its average volume of 1,015,324. Enel Americas has a twelve month low of $6.96 and a twelve month high of $12.11. The firm has a market cap of $9.11 billion, a PE ratio of 12.53 and a beta of 0.60.

Large investors have recently made changes to their positions in the business. Paloma Partners Management Co acquired a new position in shares of Enel Americas during the 2nd quarter worth approximately $104,000. Capital Fund Management S.A. acquired a new position in shares of Enel Americas during the 2nd quarter worth approximately $125,000. Virtu Financial LLC acquired a new position in shares of Enel Americas during the 3rd quarter worth approximately $115,000. Segall Bryant & Hamill LLC acquired a new position in shares of Enel Americas during the 2nd quarter worth approximately $193,000. Finally, HighPoint Advisor Group LLC acquired a new position in shares of Enel Americas during the 3rd quarter worth approximately $116,000. Hedge funds and other institutional investors own 8.06% of the company’s stock.

Enel Americas Company Profile

Enel Américas SA operates as an electricity utility company in Argentina, Brazil, Colombia, and Peru. The company, through its subsidiaries, generates, transmits, and distributes electricity using hydroelectric and thermal energy sources. As of December 31, 2017, it had 11,444 megawatts of installed generation capacity and 17.2 million distribution customers.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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