Investment analysts at Barclays began coverage on shares of ENI (NYSE:E – Get Rating) in a note issued to investors on Wednesday, The Fly reports. The firm set an “overweight” rating on the oil and gas exploration company’s stock.
Other research analysts have also issued reports about the company. BNP Paribas initiated coverage on ENI in a report on Tuesday, November 8th. They set an “outperform” rating for the company. StockNews.com initiated coverage on ENI in a report on Wednesday, October 12th. They set a “strong-buy” rating for the company. JPMorgan Chase & Co. upped their price target on ENI from €18.50 ($18.88) to €19.00 ($19.39) and gave the stock an “overweight” rating in a report on Monday, September 26th. Exane BNP Paribas initiated coverage on ENI in a report on Tuesday, November 8th. They set an “outperform” rating for the company. Finally, Morgan Stanley upped their price target on ENI from €14.10 ($14.39) to €15.80 ($16.12) and gave the stock an “equal weight” rating in a report on Tuesday, November 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, ENI has an average rating of “Moderate Buy” and a consensus price target of $16.25.
ENI Stock Up 1.3 %
E opened at $29.36 on Wednesday. The business has a 50 day moving average price of $24.84 and a 200 day moving average price of $25.15. ENI has a twelve month low of $20.38 and a twelve month high of $32.56. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.03 and a current ratio of 1.17. The firm has a market cap of $52.93 billion, a P/E ratio of 2.85 and a beta of 1.00.
Hedge Funds Weigh In On ENI
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.
- Get a free copy of the StockNews.com research report on ENI (E)
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