ENI (ETR:ENI) received a €15.50 ($18.24) price objective from analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 41.84% from the company’s previous close.
Several other research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft set a €13.70 ($16.12) price target on shares of ENI in a report on Thursday, September 16th. UBS Group set a €13.00 ($15.29) price objective on shares of ENI in a research report on Monday, August 2nd. Jefferies Financial Group set a €13.50 ($15.88) price target on shares of ENI in a research report on Friday, July 16th. Kepler Capital Markets set a €14.50 ($17.06) price target on shares of ENI in a research report on Friday, September 3rd. Finally, The Goldman Sachs Group set a €13.50 ($15.88) price target on shares of ENI in a research report on Friday, July 30th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of €11.85 ($13.94).
Shares of ENI stock opened at €10.93 ($12.86) on Thursday. The firm has a market cap of $39.04 billion and a P/E ratio of -155.69. ENI has a 1-year low of €5.73 ($6.74) and a 1-year high of €11.19 ($13.16). The company has a debt-to-equity ratio of 78.76, a current ratio of 1.36 and a quick ratio of 0.98. The firm’s 50-day simple moving average is €10.32 and its 200-day simple moving average is €10.31.
Eni S.p.A. engages in the exploration, development, and production of crude oil and natural gas. It operates through Exploration & Production; Global Gas and LNG Portfolio; Refining & Marketing and Chemicals; Eni gas e luce, Power & Renewables; and Corporate and Other activities segments.
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