Eni SpA (ENI) Given Average Rating of “Buy” by Brokerages

Shares of Eni SpA (ETR:ENI) have been given a consensus rating of “Buy” by the seventeen research firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is €18.16 ($21.11).

ENI has been the topic of a number of recent research reports. Barclays set a €18.50 ($21.51) target price on ENI and gave the company a “sell” rating in a research report on Friday, February 15th. Goldman Sachs Group set a €20.00 ($23.26) target price on ENI and gave the company a “buy” rating in a research report on Wednesday, April 24th. HSBC set a €17.60 ($20.47) target price on ENI and gave the company a “buy” rating in a research report on Thursday, May 23rd. UBS Group set a €17.50 ($20.35) target price on ENI and gave the company a “buy” rating in a research report on Thursday, April 25th. Finally, Sanford C. Bernstein set a €19.00 ($22.09) target price on ENI and gave the company a “buy” rating in a research report on Friday, February 15th.

ETR:ENI opened at €13.78 ($16.02) on Tuesday. 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 stock has a market capitalization of $50.16 billion and a P/E ratio of 11.62. ENI has a 52-week low of €13.48 ($15.67) and a 52-week high of €16.70 ($19.42).

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 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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Analyst Recommendations for ENI (ETR:ENI)

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