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Enlight Renewable Energy Ltd (ENLT) shares have surpassed the average analyst 12-month target price of $37.00, trading at $37.71 as of recent sessions. With this movement, analysts now face decisions to either downgrade the stock or adjust their price targets higher depending on the company’s fundamental developments.
The analyst coverage for ENLT includes five targets, with estimates ranging from a low of $27.00 to a high of $45.00. The standard deviation between these targets is $6.78. Currently, the breakdown of analyst ratings shows 2 strong buy, 4 hold, and 1 strong sell, with an average rating of 2.71 on a scale where 1 is strong buy and 5 is strong sell.
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