Enel SpA
ENEL: XMIL (ITA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€1.10 | Ysgb | Yryjkqkk |
Enel Earnings: Boosted by the Easing of the Energy Crisis, 2023 Guidance Confirmed, Shares Cheap
No-moat Enel released first-half results above the company-compiled consensus and confirmed its 2023 guidance. We maintain our EUR 7.5 fair value estimate and see the shares as undervalued.