JPMorgan Chase & Co. set a €15.00 ($17.44) target price on ENI (ETR:ENI) in a research report report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Other equities research analysts also recently issued research reports about the stock. Royal Bank of Canada set a €17.00 ($19.77) target price on shares of ENI and gave the company a neutral rating in a research note on Monday, July 29th. Goldman Sachs Group set a €20.00 ($23.26) price objective on shares of ENI and gave the stock a buy rating in a research report on Friday, July 26th. Credit Suisse Group set a €18.10 ($21.05) price objective on shares of ENI and gave the stock a neutral rating in a research report on Wednesday, September 4th. Berenberg Bank set a €15.50 ($18.02) price objective on shares of ENI and gave the stock a neutral rating in a research report on Monday. Finally, Barclays set a €18.00 ($20.93) price objective on shares of ENI and gave the stock a sell rating in a research report on Tuesday, September 10th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Hold and an average target price of €16.99 ($19.75).
Shares of ETR:ENI opened at €14.32 ($16.65) on Monday. ENI has a 52 week low of €12.80 ($14.89) and a 52 week high of €16.70 ($19.42). The company has a debt-to-equity ratio of 60.82, a quick ratio of 1.05 and a current ratio of 1.31. The company has a market capitalization of $52.05 billion and a PE ratio of 14.98. The company has a 50 day moving average price of €13.63 and a two-hundred day moving average price of €14.56.
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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