Jefferies keeps EUR 10.60 target for Enel stock

Published on 10/22/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies kept a Buy rating and EUR 10.60 target on October 19, 2026. Enel stock costs EUR 9.10 on October 22, 2026, 0.98 percent below Xetra close.

Investor calendar and earnings

Jefferies maintained its EUR 10.60 price target on October 19, 2026.
Enel's ordinary EBITDA rose 3.20 percent to EUR 11.838 billion in the first half of 2026.
Enel stock trades at EUR 9.10 at 10:02 a.m. CEST at Lang & Schwarz on October 22, 2026, 0.98 percent below the Xetra close of October 21, 2026.

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Enel stock (ISIN IT0003128367) was trading at EUR 9.10 at Lang & Schwarz on October 22, 2026 at 10:02 a.m. CEST, 0.98 percent below the Xetra close of October 21, 2026 at EUR 9.19. The immediate investor reference is Jefferies' unchanged Buy rating and EUR 10.60 target, published on October 19, 2026.

Jefferies keeps EUR 10.60 target

According to MarketScreener, Arturo Murua of Jefferies retained a Buy rating and kept the price target at EUR 10.60 on October 19, 2026. The target is 16.48 percent above the current Lang & Schwarz price, calculated from EUR 9.10 and EUR 10.60.

The comparison is not uniform across analysts. MarketScreener lists an average target of EUR 10.24 from 23 analysts, while the Jefferies target stands EUR 0.36 above that average. The next earnings release is scheduled for November 11, 2026, according to the same MarketScreener company calendar.

What does the target mean?

The valuation discussion rests on Enel's first-half operating performance. Rankia reported revenue of EUR 40.919 billion for the first half of 2026, up 0.30 percent from the first half of 2025. Ordinary EBITDA rose 3.20 percent to EUR 11.838 billion, ordinary net income increased 2.80 percent to EUR 3.929 billion, and ordinary earnings per share advanced 5.30 percent to EUR 0.40.

Those figures give the November report a clear test. Enel needs to show that the 3.20 percent first-half EBITDA growth can continue while debt and renewable generation remain central to the forecast. The target spread also leaves room for disagreement, with Jefferies more constructive than the average target but not dependent on a new record price.

Three dated Enel developments

On February 23, 2026, Enel presented a 2026 to 2028 plan built around EUR 53 billion of investment. On July 7, 2026, the company announced a USD 2.5 billion multi-tranche bond. On October 19, 2026, Jefferies maintained its Buy rating and EUR 10.60 target.

Next report arrives in November

The next scheduled date is November 11, 2026, for Enel's third-quarter earnings release. Investors will compare the report with first-half revenue of EUR 40.919 billion and ordinary EBITDA of EUR 11.838 billion, both reported for the six months ended June 30, 2026.

Price stays below the target

Enel's EUR 9.10 Lang & Schwarz price leaves it below both the EUR 10.24 average analyst target and Jefferies' EUR 10.60 target. The stock was trading at EUR 9.10 at Lang & Schwarz on October 22, 2026 at 10:02 a.m. CEST, 0.98 percent below the Xetra close of October 21, 2026 at EUR 9.19. The further course of trading is shown by the continuously updated real-time quote of Enel stock.