ENI (ENI) Given a €19.50 Price Target at HSBC

ENI (ETR:ENI) received a €19.50 ($22.67) price objective from investment analysts at HSBC in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock. HSBC’s target price suggests a potential upside of 26.33% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the stock. Societe Generale set a €20.00 ($23.26) price target on shares of ENI and gave the company a “buy” rating in a research report on Monday, July 30th. Sanford C. Bernstein set a €19.00 ($22.09) price target on shares of ENI and gave the company a “buy” rating in a research report on Monday, July 23rd. Royal Bank of Canada set a €18.50 ($21.51) price target on shares of ENI and gave the company a “neutral” rating in a research report on Monday, July 23rd. JPMorgan Chase & Co. set a €16.00 ($18.60) price target on shares of ENI and gave the company a “sell” rating in a research report on Friday, July 27th. Finally, Credit Suisse Group set a €20.20 ($23.49) price target on shares of ENI and gave the company a “buy” rating in a research report on Friday, July 27th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the stock. ENI has a consensus rating of “Buy” and an average target price of €18.56 ($21.58).

Shares of ETR ENI opened at €15.44 ($17.95) on Tuesday. ENI has a fifty-two week low of €12.94 ($15.05) and a fifty-two week high of €15.44 ($17.95).

About ENI

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 46 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Indonesia, Ghana, and Mozambique.

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Analyst Recommendations for ENI (ETR:ENI)

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