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Enel SpA (ENLAY) [hlAlert]

Rating:
Overweight
ENLAY
3 Months Gains
up 4.40 %

Enel SpA (ENLAY) rated Overweight by HSBC Securities

Posted on: Friday,  Oct 11, 2013  8:25 AM ET by HSBC Securities

Enel SpA (OTCBB:
ENLAY) rated Overweight by HSBC Securities.

Enel SpA, together with its subsidiaries, engages in the production, distribution, and sale of electricity and gas primarily in Europe. It operates a range of hydroelectric, thermoelectric, nuclear, geothermal, wind, and photovoltaic power plants with an installed capacity of approximately 97,000 mega watts. The company serves approximately 61.5 million power and gas customers in 40 countries worldwide. Enel SpA was founded in 1962 and is based in Rome, Italy.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/11/2013 8:25 AM Buy
None
4.31
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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