Jefferies Financial Group set a €8.60 ($10.12) price target on ENI (ETR:ENI) in a report released on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other analysts also recently issued research reports about the stock. Morgan Stanley set a €6.00 ($7.06) target price on shares of ENI and gave the company a sell rating in a research report on Tuesday, November 3rd. Kepler Capital Markets set a €12.50 ($14.71) target price on shares of ENI and gave the company a buy rating in a research report on Friday, December 11th. The Goldman Sachs Group set a €10.50 ($12.35) target price on shares of ENI and gave the company a buy rating in a research report on Wednesday, February 17th. Berenberg Bank set a €9.00 ($10.59) target price on shares of ENI and gave the company a neutral rating in a research report on Wednesday, December 9th. Finally, Credit Suisse Group set a €10.30 ($12.12) price objective on shares of ENI and gave the stock a sell rating in a research report on Tuesday, January 26th. Six investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €9.58 ($11.27).
ETR:ENI opened at €9.35 ($11.00) on Friday. The company has a market capitalization of $33.15 billion and a PE ratio of -3.43. The company has a 50 day simple moving average of €8.77 and a two-hundred day simple moving average of €7.92. The company has a debt-to-equity ratio of 89.49, a quick ratio of 1.02 and a current ratio of 1.29. ENI has a fifty-two week low of €5.73 ($6.74) and a fifty-two week high of €12.31 ($14.48).
ENI Company Profile
Eni S.p.A. engages in the exploration, development, and production of crude oil and natural gas. It operates through Exploration & Production, Gas & Power, and Refining & Marketing and Chemical segments. The company is involved in the field development and production activities, as well as liquefied natural gas (LNG) operations in 41 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, Mexico, the United States, Kazakhstan, Algeria, Australia, Iraq, Indonesia, Ghana, Mozambique, Bahrain, Oman, and United Arab Emirates.
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