Goldman Sachs Group set a €19.00 ($22.09) target price on ENI (ETR:ENI) in a report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other research analysts have also issued reports about the company. Sanford C. Bernstein set a €19.00 ($22.09) price objective on ENI and gave the stock a buy rating in a research note on Monday, September 23rd. JPMorgan Chase & Co. set a €15.00 ($17.44) price objective on ENI and gave the stock a sell rating in a research note on Monday, September 16th. Berenberg Bank set a €15.50 ($18.02) price objective on ENI and gave the stock a neutral rating in a research note on Monday, September 16th. Barclays set a €18.00 ($20.93) target price on ENI and gave the company a sell rating in a research note on Wednesday, October 2nd. Finally, Kepler Capital Markets set a €19.00 ($22.09) target price on ENI and gave the company a buy rating in a research note on Friday, September 20th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of €16.80 ($19.53).
ENI stock opened at €13.83 ($16.09) on Tuesday. The company has a debt-to-equity ratio of 60.82, a current ratio of 1.31 and a quick ratio of 1.05. The stock has a fifty day moving average price of €13.75 and a two-hundred day moving average price of €14.40. ENI has a 52-week low of €12.80 ($14.89) and a 52-week high of €16.38 ($19.04). The firm has a market capitalization of $50.28 billion and a P/E ratio of 14.47.
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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