Credit Suisse Group set a €18.10 ($21.05) price objective on ENI (ETR:ENI) in a research note released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research firms have also issued reports on ENI. UBS Group reissued a buy rating and set a $124.00 price target on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Thursday, April 25th. Royal Bank of Canada set a €18.50 ($21.51) price target on ENI and gave the company a neutral rating in a research report on Tuesday, April 23rd. Sanford C. Bernstein set a €19.00 ($22.09) price target on ENI and gave the company a buy rating in a research report on Monday, March 18th. Goldman Sachs Group set a €149.00 ($173.26) price target on Airbus and gave the company a buy rating in a research report on Tuesday, July 9th. Finally, Berenberg Bank reissued a buy rating and set a GBX 110 ($1.44) price target on shares of Eco Atlantic Oil & Gas in a research report on Monday, March 18th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of €17.96 ($20.89).
ENI stock opened at €14.72 ($17.11) on Friday. The company has a debt-to-equity ratio of 59.89, a quick ratio of 1.09 and a current ratio of 1.31. The firm has a market cap of $53.48 billion and a price-to-earnings ratio of 12.41. ENI has a 12-month low of €13.42 ($15.61) and a 12-month high of €16.70 ($19.42). The firm’s 50 day moving average price is €14.26.
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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