ENI (ETR:ENI) Given a €17.50 Price Target at Barclays

ENI (ETR:ENIGet Rating) has been assigned a €17.50 ($17.86) target price by Barclays in a research note issued on Wednesday, Borsen Zeitung reports. Barclays‘s price target would indicate a potential upside of 22.38% from the stock’s current price.

Several other research firms have also weighed in on ENI. Berenberg Bank set a €16.50 ($16.84) price objective on shares of ENI in a research report on Thursday, August 4th. Deutsche Bank Aktiengesellschaft set a €15.70 ($16.02) price objective on ENI in a report on Monday, October 31st. The Goldman Sachs Group set a €18.00 ($18.37) price objective on ENI in a research report on Monday, October 31st. set a €15.70 ($16.02) price objective on shares of ENI in a research report on Monday, August 1st. Finally, JPMorgan Chase & Co. set a €19.00 ($19.39) price target on shares of ENI in a research report on Friday, October 28th.

ENI Stock Up 6.7 %

ENI stock opened at €14.30 ($14.59) on Wednesday. The company has a quick ratio of 0.59, a current ratio of 1.18 and a debt-to-equity ratio of 56.02. ENI has a fifty-two week low of €10.45 ($10.66) and a fifty-two week high of €14.80 ($15.10). The firm’s 50-day simple moving average is €12.32 and its 200 day simple moving average is €12.30. The stock has a market cap of $50.38 billion and a PE ratio of 3.04.

ENI Company Profile

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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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