ENI (ETR:ENI) received a €20.20 ($23.49) price objective from equities research analysts at Credit Suisse Group in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Credit Suisse Group’s price objective would indicate a potential upside of 26.90% from the company’s previous close.
Several other equities analysts also recently commented on ENI. Kepler Capital Markets set a €18.50 ($21.51) target price on shares of ENI and gave the stock a “buy” rating in a report on Friday, July 27th. Deutsche Bank set a €19.00 ($22.09) target price on shares of ENI and gave the stock a “buy” rating in a report on Friday, July 6th. JPMorgan Chase & Co. set a €16.00 ($18.60) target price on shares of ENI and gave the stock a “sell” rating in a report on Wednesday. Barclays set a €18.50 ($21.51) target price on shares of ENI and gave the stock a “neutral” rating in a report on Monday, July 2nd. Finally, Cfra set a €19.00 ($22.09) target price on shares of ENI and gave the stock a “buy” rating in a report on Monday, July 30th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of €18.57 ($21.59).
Shares of ENI stock traded up €0.08 ($0.09) during mid-day trading on Wednesday, hitting €15.92 ($18.51). The company had a trading volume of 800 shares, compared to its average volume of 27,056. ENI has a 52-week low of €12.94 ($15.05) and a 52-week high of €15.44 ($17.95).
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.
Recommended Story: Book Value Per Share – BVPS
Receive News & Ratings for ENI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ENI and related companies with MarketBeat.com's FREE daily email newsletter.