Enel traded at 9.69 this Wednesday April 1st, increasing 0.32 or 3.38 percent since the previous trading session. Looking back, over the last four weeks, Enel gained 2.93 percent. Over the last 12 months, its price rose by 27.91 percent. Looking ahead, we forecast Enel to be priced at 8.86 by the end of this quarter and at 8.05 in one year, according to Trading Economics global macro models projections and analysts expectations.
Enel SpA is an Italy-based multinational power company and an integrated operator in the global power, gas and renewables markets. It is active in Europe and is present in more than 30 countries, producing energy with over 86 gigawatt (GW) of installed capacity. Enel distributes electricity through a network of over 2.2 million kilometers, supplying 74 million business and household end users globally. Enel's renewables arm Enel Green Power supplies energy with more than 46 GW of wind, solar, geothermal and hydropower plants installed in Europe, the Americas, Africa, Asia and Oceania. Enel X is Enel's global business line focusing on energy-related products and services including distribution systems and batteries, smart lighting and energy and electric mobility.