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.
A number of other research analysts also recently issued reports on the company. BNP Paribas initiated coverage on ENI in a research note on Tuesday, November 8th. They issued an “outperform” rating on the stock. Exane BNP Paribas initiated coverage on ENI in a research note on Tuesday, November 8th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. boosted their price objective on ENI from €18.50 ($18.88) to €19.00 ($19.39) and gave the company an “overweight” rating in a research note on Monday, September 26th. StockNews.com initiated coverage on ENI in a research note on Wednesday, October 12th. They issued a “strong-buy” rating on the stock. Finally, Morgan Stanley boosted their price objective on ENI from €14.10 ($14.39) to €15.80 ($16.12) and gave the company an “equal weight” rating in a research note on Tuesday, November 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.25.
ENI Trading Up 1.3 %
NYSE E opened at $29.36 on Wednesday. The business’s 50-day moving average price is $24.84 and its two-hundred day moving average price is $25.15. ENI has a 12 month low of $20.38 and a 12 month high of $32.56. The firm has a market capitalization of $52.93 billion, a PE ratio of 2.85 and a beta of 1.00. The company has a current ratio of 1.17, a quick ratio of 1.03 and a debt-to-equity ratio of 0.34.
Institutional Inflows and Outflows
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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