Sanford C. Bernstein set a €11.00 ($12.79) price objective on ENI (ETR:ENI) in a research note published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
ENI has been the subject of several other reports. Goldman Sachs Group set a €13.00 ($15.12) price objective on ENI and gave the stock a buy rating in a research report on Wednesday, March 11th. Credit Suisse Group set a €13.50 ($15.70) target price on ENI and gave the company a neutral rating in a research report on Thursday, March 12th. Berenberg Bank set a €14.75 ($17.15) target price on ENI and gave the company a neutral rating in a research report on Monday, March 2nd. HSBC set a €9.40 ($10.93) target price on ENI and gave the company a neutral rating in a research report on Thursday, March 12th. Finally, Morgan Stanley set a €6.00 ($6.98) target price on ENI and gave the company a sell rating in a research report on Friday, March 20th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of €11.51 ($13.38).
ETR:ENI opened at €8.70 ($10.11) on Tuesday. The stock has a 50-day simple moving average of €10.51 and a 200-day simple moving average of €13.02. The stock has a market cap of $31.71 billion and a P/E 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). The company has a debt-to-equity ratio of 62.98, a quick ratio of 0.88 and a current ratio of 1.18.
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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