Goldman Sachs Group set a €12.00 ($13.48) target price on ENI (ETR:ENI) in a research report sent to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts also recently issued research reports about the company. Kepler Capital Markets set a €10.50 ($11.80) target price on ENI and gave the stock a buy rating in a report on Thursday, April 23rd. Credit Suisse Group set a €12.50 ($14.04) price target on shares of ENI and gave the stock a neutral rating in a research report on Thursday, July 16th. Morgan Stanley set a €7.70 ($8.65) price objective on shares of ENI and gave the company a neutral rating in a report on Monday, April 20th. Royal Bank of Canada set a €7.00 ($7.87) target price on shares of ENI and gave the company a sell rating in a research report on Thursday. Finally, JPMorgan Chase & Co. set a €8.50 ($9.55) price target on ENI and gave the stock a sell rating in a research report on Tuesday, July 21st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €10.37 ($11.65).
Shares of ENI opened at €7.54 ($8.47) on Thursday. The company has a debt-to-equity ratio of 66.17, a quick ratio of 0.86 and a current ratio of 1.15. The stock has a 50-day moving average of €8.70 and a two-hundred day moving average of €9.83. The stock has a market cap of $26.92 billion and a P/E ratio of -6.98. ENI has a one year low of €6.28 ($7.06) and a one year high of €14.59 ($16.40).
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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