Eni SpA (NYSE:E)‘s stock had its “buy” rating reiterated by equities researchers at Citigroup Inc. in a research report issued on Monday.

E has been the topic of several other research reports. Zacks Investment Research cut Eni SpA from a “buy” rating to a “hold” rating in a research note on Monday, July 4th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Eni SpA in a research note on Thursday, July 21st. Finally, Deutsche Bank AG upgraded Eni SpA from a “hold” rating to a “buy” rating in a research note on Wednesday, October 5th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $25.99.

Analyst Recommendations for Eni SpA (NYSE:E)

Shares of Eni SpA (NYSE:E) opened at 29.41 on Monday. The firm’s 50-day moving average price is $29.43 and its 200-day moving average price is $30.52. The firm’s market capitalization is $54.65 billion. Eni SpA has a 52-week low of $24.73 and a 52-week high of $35.56.

The business also recently announced a dividend, which was paid on Friday, October 7th. Stockholders of record on Tuesday, September 20th were issued a dividend of $0.648 per share. The ex-dividend date was Friday, September 16th. This is a positive change from Eni SpA’s previous dividend of $0.64. Eni SpA’s dividend payout ratio is -19.75%.

Institutional investors have recently bought and sold shares of the stock. MSI Financial Services Inc increased its position in shares of Eni SpA by 92.3% in the third quarter. MSI Financial Services Inc now owns 3,662 shares of the oil and gas exploration company’s stock valued at $106,000 after buying an additional 1,758 shares in the last quarter. JFS Wealth Advisors LLC increased its position in shares of Eni SpA by 10.3% in the second quarter. JFS Wealth Advisors LLC now owns 4,598 shares of the oil and gas exploration company’s stock valued at $149,000 after buying an additional 428 shares in the last quarter. US Bancorp DE increased its position in shares of Eni SpA by 1.0% in the second quarter. US Bancorp DE now owns 7,196 shares of the oil and gas exploration company’s stock valued at $232,000 after buying an additional 73 shares in the last quarter. Connable Office Inc. acquired a new position in shares of Eni SpA during the second quarter valued at about $238,000. Finally, Brinker Capital Inc. acquired a new position in shares of Eni SpA during the second quarter valued at about $245,000. 1.75% of the stock is owned by institutional investors.

Eni SpA Company Profile

Eni SpA (Eni) is engaged in oil and gas exploration, development and production, marketing of gas, electricity and liquefied natural gas (LNG), power generation, refining and marketing of petroleum products, production and marketing of petrochemical products and commodity trading. The Company’s segments include Exploration & Production, Gas & Power, and Refining & Marketing.

5 Day Chart for NYSE:E

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