Eni SpA (ETR:ENI) has been given an average recommendation of “Buy” by the seventeen brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is €18.16 ($21.11).
A number of research firms have recently commented on ENI. Barclays set a €18.50 ($21.51) price target on shares of ENI and gave the company a “sell” rating in a report on Friday, February 15th. Goldman Sachs Group set a €20.00 ($23.26) price objective on shares of ENI and gave the company a “buy” rating in a research report on Wednesday, April 24th. UBS Group set a €17.50 ($20.35) price objective on shares of ENI and gave the company a “buy” rating in a research report on Thursday, April 25th. Sanford C. Bernstein set a €19.00 ($22.09) price target on shares of ENI and gave the company a “buy” rating in a report on Friday, February 15th. Finally, Kepler Capital Markets set a €19.00 ($22.09) price target on shares of ENI and gave the company a “buy” rating in a report on Monday, February 18th.
Shares of ETR:ENI traded down €0.09 ($0.10) during midday trading on Friday, hitting €14.51 ($16.87). 17,755 shares of the stock traded hands, compared to its average volume of 27,056. The company has a market cap of $52.60 billion and a price-to-earnings ratio of 12.24. The company has a current ratio of 1.31, a quick ratio of 1.09 and a debt-to-equity ratio of 59.89. ENI has a one year low of €13.48 ($15.67) and a one year high of €16.90 ($19.65).
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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