Enlight Renewable Energy (NASDAQ:ENLT) PT Lowered to $22.00

Enlight Renewable Energy (NASDAQ:ENLT – Get Rating) had its price objective lowered by equities researchers at JPMorgan Chase & Co. from $23.00 to $22.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 35.38% from the company’s previous close.

A number of other research analysts have also recently commented on the stock. Barclays started coverage on shares of Enlight Renewable Energy in a research note on Tuesday, March 7th. They set an “overweight” rating and a $21.00 price target for the company. Credit Suisse Group initiated coverage on shares of Enlight Renewable Energy in a research note on Tuesday, March 7th. They issued an “outperform” rating and a $22.00 target price for the company. Wolfe Research initiated coverage on shares of Enlight Renewable Energy in a research note on Tuesday, March 7th. They issued an “outperform” rating and a $21.00 target price for the company. Finally, Roth Capital reiterated a “buy” rating on shares of Enlight Renewable Energy in a research note on Tuesday, March 7th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $21.50.

Enlight Renewable Energy Price Performance

Shares of ENLT opened at $16.25 on Thursday. Enlight Renewable Energy has a 12 month low of $15.38 and a 12 month high of $29.70.

About Enlight Renewable Energy

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Enlight Renewable Energy provides renewable energy platform which develops, finances, constructs, owns and operates utility-sale renewable energy projects. Enlight Renewable Energy is based in TEL AVIV, Israel.