Sanford C. Bernstein set a €11.00 ($12.79) target price on ENI (ETR:ENI) in a report published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other analysts have also issued reports on ENI. UBS Group set a €10.75 ($12.50) price target on ENI and gave the stock a buy rating in a research note on Thursday, March 19th. Royal Bank of Canada set a €15.00 ($17.44) price target on ENI and gave the stock a neutral rating in a research note on Friday, February 28th. Kepler Capital Markets set a €10.00 ($11.63) price objective on ENI and gave the stock a buy rating in a research note on Thursday, March 19th. Morgan Stanley set a €6.00 ($6.98) price objective on ENI and gave the stock a sell rating in a research note on Friday, March 20th. Finally, Jefferies Financial Group set a €8.05 ($9.36) price objective on ENI and gave the stock a buy rating in a research note on Monday, March 16th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €11.51 ($13.38).
Shares of ETR:ENI opened at €8.70 ($10.11) on Tuesday. The company has a debt-to-equity ratio of 62.98, a current ratio of 1.18 and a quick ratio of 0.88. The business’s 50 day moving average price is €10.51 and its 200-day moving average price is €13.02. The firm has a market capitalization of $31.71 billion and a PE ratio of 217.40. ENI has a 1 year low of €6.28 ($7.31) and a 1 year high of €16.02 ($18.63).
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 43 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Iraq, Indonesia, Ghana, Mozambique, Oman, and the United Arab Emirates.
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