Eni SpA (ENI) Receives €18.19 Average PT from Brokerages

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Eni SpA (ETR:ENI) has been given a consensus rating of “Buy” by the eighteen research firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is €18.19 ($21.16).

Several brokerages have recently issued reports on ENI. HSBC set a €17.90 ($20.81) price target on ENI and gave the company a “buy” rating in a report on Wednesday. UBS Group set a €17.50 ($20.35) price objective on ENI and gave the company a “buy” rating in a research report on Monday, March 18th. Royal Bank of Canada set a €18.50 ($21.51) price objective on ENI and gave the company a “neutral” rating in a research report on Monday, March 18th. Sanford C. Bernstein set a €19.00 ($22.09) price objective on ENI and gave the company a “buy” rating in a research report on Monday, March 18th. Finally, Credit Suisse Group set a €20.50 ($23.84) price objective on ENI and gave the company a “buy” rating in a research report on Monday, March 18th.

Shares of ENI stock traded down €0.13 ($0.15) during trading on Thursday, hitting €15.70 ($18.25). 5,393 shares of the stock traded hands, compared to its average volume of 27,056. The firm has a market cap of $57.14 billion and a price-to-earnings ratio of 13.42. The company has a debt-to-equity ratio of 50.53, a current ratio of 1.39 and a quick ratio of 1.14. ENI has a twelve month low of €13.48 ($15.67) and a twelve month high of €16.90 ($19.65).

ENI Company Profile

Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 46 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Indonesia, Ghana, and Mozambique.

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Analyst Recommendations for ENI (ETR:ENI)

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