Morgan Stanley Reiterates “€14.00” Price Target for ENI (ENI)

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Morgan Stanley set a €14.00 ($16.28) price objective on ENI (ETR:ENI) in a report issued on Wednesday. The firm currently has a sell rating on the stock.

Other research analysts have also issued reports about the company. Goldman Sachs Group set a €20.00 ($23.26) price target on ENI and gave the stock a buy rating in a research report on Friday, October 26th. Berenberg Bank set a €18.00 ($20.93) price target on ENI and gave the stock a neutral rating in a research report on Tuesday, September 11th. UBS Group set a €18.50 ($21.51) price target on ENI and gave the stock a buy rating in a research report on Friday, October 26th. HSBC set a €19.40 ($22.56) price target on ENI and gave the stock a buy rating in a research report on Wednesday, September 12th. Finally, JPMorgan Chase & Co. set a €16.00 ($18.60) target price on ENI and gave the stock a sell rating in a report on Wednesday, October 17th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and thirteen have assigned a buy rating to the stock. ENI currently has a consensus rating of Buy and an average target price of €18.19 ($21.15).

ETR:ENI opened at €14.17 ($16.47) on Wednesday. ENI has a 12-month low of €12.94 ($15.05) and a 12-month high of €15.44 ($17.95).

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 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.

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Analyst Recommendations for ENI (ETR:ENI)

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