ENI (ETR:ENI) received a €11.20 ($12.58) target price from stock analysts at UBS Group in a research report issued on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective indicates a potential upside of 27.82% from the company’s previous close.
A number of other equities research analysts have also weighed in on ENI. Kepler Capital Markets set a €10.50 ($11.80) price target on ENI and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Goldman Sachs Group set a €12.00 ($13.48) price target on ENI and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Royal Bank of Canada set a €7.00 ($7.87) target price on ENI and gave the stock a “sell” rating in a report on Monday. Berenberg Bank set a €9.00 ($10.11) target price on ENI and gave the stock a “neutral” rating in a report on Tuesday, March 24th. Finally, Sanford C. Bernstein set a €11.00 ($12.36) target price on ENI and gave the stock a “neutral” rating in a report on Tuesday, March 24th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of €10.50 ($11.79).
Shares of ENI stock opened at €8.76 ($9.84) on Tuesday. ENI has a fifty-two week low of €6.28 ($7.06) and a fifty-two week high of €14.92 ($16.76). The firm has a market capitalization of $31.30 billion and a price-to-earnings ratio of -8.11. The company has a debt-to-equity ratio of 66.17, a quick ratio of 0.86 and a current ratio of 1.15. The stock’s 50-day simple moving average is €8.64 and its 200-day simple moving average is €10.50.
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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