Shares of Eni S.p.A. (NYSE:E – Get Free Report) have been assigned an average rating of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $39.60.
E has been the subject of several recent analyst reports. Royal Bank of Canada raised ENI from a “sector perform” rating to an “outperform” rating in a research note on Monday, July 29th. Redburn Atlantic upgraded shares of ENI from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 25th. StockNews.com lowered shares of ENI from a “buy” rating to a “hold” rating in a research note on Friday, September 13th. Morgan Stanley raised shares of ENI from an “equal weight” rating to an “overweight” rating and set a $39.60 price target for the company in a research note on Thursday, August 29th. Finally, BNP Paribas raised shares of ENI from an “underperform” rating to a “neutral” rating in a research report on Friday, September 13th.
Institutional Investors Weigh In On ENI
ENI Stock Performance
Shares of ENI stock opened at $32.05 on Monday. The stock has a market cap of $54.10 billion, a price-to-earnings ratio of 13.81, a P/E/G ratio of 1.26 and a beta of 0.96. The company has a quick ratio of 1.09, a current ratio of 1.28 and a debt-to-equity ratio of 0.42. ENI has a twelve month low of $28.82 and a twelve month high of $34.30. The company’s fifty day moving average is $31.46 and its 200 day moving average is $31.54.
ENI (NYSE:E – Get Free Report) last announced its earnings results on Friday, July 26th. The oil and gas exploration company reported $0.98 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.14). The company had revenue of $24.82 billion during the quarter, compared to the consensus estimate of $25.74 billion. ENI had a net margin of 4.21% and a return on equity of 11.84%. Sell-side analysts forecast that ENI will post 4.18 EPS for the current year.
ENI Company Profile
Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.
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