ENI (ETR:ENI – Get Rating) has been given a €14.50 ($15.43) price objective by analysts at Royal Bank of Canada in a research note issued on Thursday, Borsen Zeitung reports. Royal Bank of Canada’s target price indicates a potential upside of 2.73% from the stock’s current price.
Several other brokerages have also issued reports on ENI. Berenberg Bank set a €16.00 ($17.02) price target on ENI in a research note on Tuesday, February 1st. UBS Group set a €17.00 ($18.09) price target on ENI in a research note on Friday, April 29th. JPMorgan Chase & Co. set a €20.00 ($21.28) target price on ENI in a research note on Friday, April 29th. Jefferies Financial Group set a €17.00 ($18.09) target price on ENI in a research note on Thursday. Finally, The Goldman Sachs Group set a €19.00 ($20.21) target price on ENI in a research note on Monday, May 9th.
ENI stock traded up €0.52 ($0.55) during mid-day trading on Thursday, hitting €14.11 ($15.01). 22,797 shares of the stock were exchanged, compared to its average volume of 27,056. The company has a debt-to-equity ratio of 74.32, a current ratio of 1.23 and a quick ratio of 0.74. The business has a fifty day moving average price of €13.52 and a 200 day moving average price of €13.09. ENI has a 12 month low of €9.38 ($9.98) and a 12 month high of €14.80 ($15.75). The stock has a market capitalization of $49.96 billion and a price-to-earnings ratio of 5.98.
Eni S.p.A. engages in the exploration, development, and production of crude oil and natural gas. It operates through Exploration & Production; Global Gas & LNG Portfolio; Refining & Marketing and Chemicals; Plenitude and Power; and Corporate and Other activities segments. The Exploration & Production segment is involved in the research, development, and production of oil, condensates and natural gas; and forestry conservation and CO2 capture and storage projects.
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