Brokerages Set Eni SpA (ENI) PT at $18.16

Shares of Eni SpA (ETR:ENI) have been given an average recommendation of “Buy” by the seventeen research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is €18.16 ($21.11).

Several research firms have issued reports on ENI. HSBC set a €17.60 ($20.47) price objective on ENI and gave the stock a “buy” rating in a research note on Thursday, May 23rd. UBS Group set a €17.50 ($20.35) price objective on ENI and gave the stock a “buy” rating in a research note on Thursday, April 25th. Credit Suisse Group set a €20.50 ($23.84) price objective on ENI and gave the stock a “buy” rating in a research note on Thursday, April 25th. Goldman Sachs Group set a €20.00 ($23.26) price objective on ENI and gave the stock a “buy” rating in a research note on Wednesday, April 24th. Finally, Deutsche Bank set a €17.00 ($19.77) price objective on ENI and gave the stock a “neutral” rating in a research note on Wednesday, April 24th.

ENI stock traded up €0.05 ($0.06) during mid-day trading on Tuesday, hitting €13.95 ($16.23). 3,392 shares of the company were exchanged, compared to its average volume of 27,056. The company has a debt-to-equity ratio of 59.89, a current ratio of 1.31 and a quick ratio of 1.09. ENI has a 1-year low of €13.48 ($15.67) and a 1-year high of €16.70 ($19.42). The firm has a market capitalization of $50.60 billion and a P/E ratio of 11.77.

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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Analyst Recommendations for ENI (ETR:ENI)

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