ENI (ETR:ENI) has been assigned a €15.50 ($18.02) price objective by equities researchers at Berenberg Bank in a report issued on Friday, October 25th, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 9.31% from the stock’s current price.
A number of other research analysts have also commented on ENI. Royal Bank of Canada set a €15.00 ($17.44) target price on ENI and gave the company a “neutral” rating in a research note on Friday, October 25th. 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. Goldman Sachs Group set a €19.00 ($22.09) price objective on ENI and gave the stock a “buy” rating in a research note on Friday, October 25th. UBS Group set a €15.00 ($17.44) price objective on ENI and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Independent Research set a €15.10 ($17.56) price objective on ENI and gave the stock a “neutral” rating in a research note on Wednesday, August 28th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of €16.27 ($18.92).
Shares of ETR ENI traded up €0.01 ($0.01) during trading hours on Friday, reaching €14.18 ($16.49). The stock had a trading volume of 22,307 shares, compared to its average volume of 27,056. The business’s fifty day moving average is €13.90 and its two-hundred day moving average is €14.14. The company has a debt-to-equity ratio of 58.18, a current ratio of 1.19 and a quick ratio of 0.94. The company has a market cap of $51.53 billion and a price-to-earnings ratio of 20.91. ENI has a twelve month low of €12.80 ($14.89) and a twelve month high of €16.02 ($18.63).
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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