5 Best Italian Stocks To Invest In 2024

2. Enel SpA (BIT:ENEL.MI)

Number of Q4 2023 Hedge Fund Shareholders: N/A

Average Share Price Target Percentage Upside: 27%

Enel SpA (BIT:ENEL.MI) is one of the biggest Italian utility companies you’re likely to find. With more than sixty thousand employees, the firm is headquartered in Rome, Italy. A diversified utility, Enel SpA (BIT:ENEL.MI) supplies natural gas, LNG, and electricity to its customers. The shars are rated Buy on average, and the average analyst share price target is €7.60. 2024 has seen the fim back out of a sale of its Argentinian subsidiary in the hopes of the country’s new president introducing changes to the utility industry.