Sanford C. Bernstein set a €19.00 ($22.09) price objective on ENI (ETR:ENI) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently commented on the stock. HSBC set a €14.60 ($16.98) target price on shares of ENI and gave the company a neutral rating in a report on Wednesday, September 11th. Goldman Sachs Group set a €20.00 ($23.26) target price on shares of ENI and gave the company a buy rating in a report on Friday, July 26th. Credit Suisse Group set a €18.10 ($21.05) target price on shares of ENI and gave the company a neutral rating in a report on Wednesday, September 4th. Independent Research set a €15.10 ($17.56) target price on shares of ENI and gave the company a neutral rating in a report on Wednesday, August 28th. Finally, UBS Group set a €17.50 ($20.35) target price on shares of ENI and gave the company a buy rating in a report on Friday, July 26th. Three analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of €16.99 ($19.75).

Shares of ENI stock opened at €14.41 ($16.76) on Monday. The firm’s fifty day simple moving average is €13.63 and its 200-day simple moving average is €14.55. The stock has a market capitalization of $52.38 billion and a price-to-earnings ratio of 15.08. ENI has a 12 month low of €12.80 ($14.89) and a 12 month high of €16.70 ($19.42). The company has a debt-to-equity ratio of 60.82, a current ratio of 1.31 and a quick ratio of 1.05.

About ENI

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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Analyst Recommendations for ENI (ETR:ENI)

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