Credit Suisse Group set a €18.10 ($21.05) target price on ENI (ETR:ENI) in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages also recently weighed in on ENI. Sanford C. Bernstein set a €19.00 ($22.09) target price on shares of ENI and gave the company a buy rating in a research note on Monday, March 18th. Goldman Sachs Group set a €149.00 ($173.26) target price on shares of Airbus and gave the company a buy rating in a research note on Tuesday, July 9th. UBS Group reissued a buy rating and issued a $124.00 target price on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research note on Thursday, April 25th. Berenberg Bank reissued a buy rating and issued a GBX 110 ($1.44) target price on shares of Eco Atlantic Oil & Gas in a research note on Monday, March 18th. Finally, HSBC raised shares of AU Optronics from a reduce rating to a hold rating in a research note on Wednesday, July 10th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of €17.96 ($20.89).
Shares of ENI stock opened at €14.72 ($17.11) on Friday. The company has a 50-day moving average price of €14.26. ENI has a twelve month low of €13.42 ($15.61) and a twelve month high of €16.70 ($19.42). The firm has a market cap of $53.48 billion and a P/E ratio of 12.41. The company has a quick ratio of 1.09, a current ratio of 1.31 and a debt-to-equity ratio of 59.89.
ENI Company Profile
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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