JPMorgan Chase & Co. Analysts Give ENI (ENI) a €15.00 Price Target

ENI (ETR:ENI) has been assigned a €15.00 ($17.44) price objective by investment analysts at JPMorgan Chase & Co. in a research note issued on Thursday. The brokerage presently has a “sell” rating on the stock. JPMorgan Chase & Co.’s price target would indicate a potential downside of 4.07% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. Kepler Capital Markets set a €18.50 ($21.51) price objective on shares of ENI and gave the stock a “buy” rating in a research report on Thursday, June 28th. Deutsche Bank set a €19.00 ($22.09) price objective on shares of ENI and gave the stock a “buy” rating in a research report on Monday, July 23rd. Sanford C. Bernstein set a €19.00 ($22.09) price objective on shares of ENI and gave the stock a “buy” rating in a research report on Monday, July 23rd. UBS Group set a €18.50 ($21.51) price objective on shares of ENI and gave the stock a “buy” rating in a research report on Friday, July 20th. Finally, Credit Suisse Group set a €20.20 ($23.49) price objective on shares of ENI and gave the stock a “buy” rating in a research report on Thursday, July 19th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of €18.51 ($21.52).

ENI stock opened at €15.64 ($18.18) on Thursday. ENI has a one year low of €12.94 ($15.05) and a one year high of €15.44 ($17.95).

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 46 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Indonesia, Ghana, and Mozambique.

Further Reading: Intrinsic Value and Stock Selection

Analyst Recommendations for ENI (ETR:ENI)

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