ENI (ETR:ENI) has been given a €15.50 ($18.02) price target by analysts at Berenberg Bank in a research note issued on Friday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 10.90% from the company’s previous close.
A number of other equities analysts also recently commented on ENI. Kepler Capital Markets set a €19.00 ($22.09) target price on shares of ENI and gave the stock a “buy” rating in a research note on Friday, September 20th. Royal Bank of Canada set a €15.00 ($17.44) target price on shares of ENI and gave the stock a “neutral” rating in a research note on Friday. HSBC set a €14.90 ($17.33) target price on shares of ENI and gave the stock a “neutral” rating in a research note on Monday, October 14th. Goldman Sachs Group set a €19.00 ($22.09) target price on shares of ENI and gave the stock a “buy” rating in a research note on Friday. Finally, Barclays set a €18.00 ($20.93) target price on shares of ENI and gave the stock a “sell” rating in a research note on Wednesday, October 2nd. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of €16.60 ($19.30).
Shares of ETR ENI traded down €0.16 ($0.19) during trading on Friday, hitting €13.98 ($16.25). The company had a trading volume of 15,131 shares, compared to its average volume of 27,056. The stock has a fifty day simple moving average of €13.91 and a two-hundred day simple moving average of €14.28. ENI has a fifty-two week low of €12.80 ($14.89) and a fifty-two week high of €16.02 ($18.63). The firm has a market capitalization of $50.75 billion and a price-to-earnings ratio of 14.62. The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 60.82.
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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