Eni SpA (ENI) Receives €18.42 Average PT from Brokerages

Shares of Eni SpA (ETR:ENI) have earned a consensus recommendation of “Buy” from the eighteen analysts that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and thirteen have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is €18.19 ($21.15).

A number of equities research analysts have recently weighed in on ENI shares. Credit Suisse Group set a €21.00 ($24.42) price target on ENI and gave the company a “buy” rating in a report on Monday, October 29th. BNP Paribas set a €18.00 ($20.93) price target on ENI and gave the company a “buy” rating in a report on Monday, October 29th. Goldman Sachs Group set a €20.00 ($23.26) price target on ENI and gave the company a “buy” rating in a report on Monday, October 1st. Deutsche Bank set a €18.50 ($21.51) price target on ENI and gave the company a “buy” rating in a report on Wednesday, September 19th. Finally, HSBC set a €19.50 ($22.67) price target on ENI and gave the company a “buy” rating in a report on Wednesday, October 17th.

ETR ENI traded down €0.08 ($0.09) during trading hours on Friday, reaching €14.17 ($16.47). The company’s stock had a trading volume of 17,234 shares, compared to its average volume of 27,056. ENI has a 52 week low of €12.94 ($15.05) and a 52 week 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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