BIT:ENELElectric Utilities
Assessing Enel (BIT:ENEL) Valuation After Recent Euro Bond Offerings
Enel (BIT:ENEL) has drawn fresh investor attention after completing two euro bond offerings, including €1.25b 3.875% notes due 2033 and 3.5% notes due 2030, which reshape its funding mix.
See our latest analysis for Enel.
At a share price of €9.625, Enel has seen its 1-month share price return decline 3.01%, even as its year-to-date share price return is 6.94% and its 3-year total shareholder return is 91.60%. This suggests that long term momentum has outpaced recent trading.
If these bond...