Scotiabank Downgrades Enel Chile to Sector Perform, Maintains Price Target to $3.9

Written by Emily J. Thompson, Senior Investment Analyst

Source: Benzinga

Updated: Nov 22 2024

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ENIC-1.04%

Should l Buy ENIC?

Source: Benzinga

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Analyst Views on ENIC

Wall Street analysts forecast ENIC stock price to rise

1 Analyst Rating

1 Buy

0 Hold

0 Sell

Moderate Buy

Current: 3.820

Low

4.30

Averages

4.30

High

4.30

Current: 3.820

Low

4.30

Averages

4.30

High

4.30

Grupo Santander

Andre de Mello Sampaio

Outperform -> Neutral

downgrade

$4.60

2026-01-27

Reason

Grupo Santander

Andre de Mello Sampaio

Price Target

$4.60

AI Analysis

2026-01-27

downgrade

Outperform -> Neutral

Reason

Grupo Santander analyst Andre de Mello Sampaio downgraded Enel Chile to Neutral from Outperform with a $4.60 price target.

Morgan Stanley

NULL

Overweight

upgrade

2025-12-11

Reason

Morgan Stanley

Price Target

2025-12-11

upgrade

NULL

Overweight

Reason

Morgan Stanley raised the firm's price target on Enel Chile to CLP 80 from CLP 70 and keeps an Overweight rating on the shares, noting that the target raise is driven by a combination of higher operating estimates and a rollout to year-end 2026. The firm also initiated coverage of Enel Chile's ADR (ENIC) with an Overweight rating and a year-end 2026 price target of $4.30.

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About ENIC

Enel Chile SA, formerly Enersis Chile SA, is a Chile-based electricity utility company. The Company, through its combined entities and affiliates, is engaged in the generation, transmission and distribution of electricity businesses. The Company's segments include Generation, Distribution, and Other businesses and intercompany transaction adjustments. Additionally in its segments, the Company has Enel X Chile, a project engaged in seeking to open energy to new uses, technologies, associations and services. The businesses that are grouped into 4 areas are considered: e-City, e-Home, e-Industries and e-Mobility. It owns and operates electricity generation and distribution units in Chile through its subsidiaries.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Utility Companies Face Negative EPS Revisions: CIG and Others at the Bottom

Jan 16 2026seekingalpha

EPS Revision Overview: As earnings season approaches, analysts have shown a negative trend in earnings revisions for utility companies, with Companhia Energética de Minas Gerais (CIG) receiving an FM grade, indicating declining market confidence in its near-term performance.
Bottom-Ranked Companies: Middlesex Water (MSEX), ReNew Energy Global (RNW), and UGI (UGI) all received F grades, reflecting analysts' pessimistic outlook on their profitability, which could adversely affect their stock performance.
Other Affected Firms: Chesapeake Utilities (CPK), Enel Chile (ENIC), and Pampa Energía (PAM) also face D grades, suggesting that their earnings expectations have not met market forecasts, potentially leading to diminished investor confidence.
Market Outlook Analysis: In the context of the 2026 market rotation, investors should monitor the performance of these utility companies to avoid potential risks in future investment decisions.