Shares of Eni SpA (NYSE:E) have earned an average recommendation of “Hold” from the fifteen analysts that are covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $26.50.

A number of research analysts have commented on E shares. Goldman Sachs Group reaffirmed a “buy” rating on shares of ENI in a research report on Monday, December 11th. Zacks Investment Research raised ENI from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research report on Thursday, December 28th. Finally, raised ENI from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th.

ENI (E) traded up $0.82 on Tuesday, reaching $36.03. The company’s stock had a trading volume of 999,806 shares, compared to its average volume of 314,433. The company has a market cap of $65,730.00, a price-to-earnings ratio of 32.46 and a beta of 0.84. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.27 and a quick ratio of 1.10. ENI has a fifty-two week low of $29.44 and a fifty-two week high of $36.05.

ENI (NYSE:E) last released its quarterly earnings results on Friday, October 27th. The oil and gas exploration company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.07). The business had revenue of $18.42 billion for the quarter. ENI had a net margin of 2.50% and a return on equity of 3.69%. analysts anticipate that ENI will post 1.34 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in the company. Sei Investments Co. grew its stake in shares of ENI by 26.3% in the 2nd quarter. Sei Investments Co. now owns 5,368 shares of the oil and gas exploration company’s stock worth $161,000 after buying an additional 1,119 shares during the last quarter. Pacad Investment Ltd. purchased a new stake in shares of ENI in the 2nd quarter worth approximately $189,000. Eqis Capital Management Inc. purchased a new stake in shares of ENI in the 3rd quarter worth approximately $223,000. Shelton Capital Management purchased a new stake in shares of ENI in the 2nd quarter worth approximately $225,000. Finally, Advisor Group Inc. grew its stake in shares of ENI by 31.6% in the 2nd quarter. Advisor Group Inc. now owns 7,625 shares of the oil and gas exploration company’s stock worth $229,000 after buying an additional 1,832 shares during the last quarter. 1.64% of the stock is owned by hedge funds and other institutional investors.

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ENI Company Profile

Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.

Analyst Recommendations for ENI (NYSE:E)

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