ENI (ETR:ENI) Given a €14.60 Price Target by HSBC Analysts
HSBC set a €14.60 ($16.98) target price on ENI (ETR:ENI) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities research analysts also recently issued research reports about the company. UBS Group set a €17.50 ($20.35) target price on ENI and gave the stock a buy rating in a research report on Friday, July 26th. Berenberg Bank set a €18.00 ($20.93) target price on ENI and gave the stock a buy rating in a research report on Monday, July 29th. Credit Suisse Group set a €18.10 ($21.05) target price on ENI and gave the stock a neutral rating in a research report on Wednesday, September 4th. Royal Bank of Canada set a €17.00 ($19.77) target price on ENI and gave the stock a neutral rating in a research report on Monday, July 29th. Finally, Barclays set a €18.00 ($20.93) target price on ENI and gave the stock a sell rating in a research report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. ENI currently has a consensus rating of Hold and an average target price of €17.09 ($19.88).
ENI stock opened at €14.05 ($16.34) on Wednesday. The company has a market cap of $51.06 billion and a P/E ratio of 14.70. ENI has a twelve month low of €12.80 ($14.89) and a twelve month high of €16.70 ($19.42). The company has a quick ratio of 1.05, a current ratio of 1.31 and a debt-to-equity ratio of 60.82. The business has a fifty day moving average of €13.64 and a 200-day moving average of €14.58.
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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