Goldman Sachs Group Analysts Give ENI (ETR:ENI) a €20.00 Price Target

Goldman Sachs Group set a €20.00 ($23.26) target price on ENI (ETR:ENI) in a research report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other brokerages also recently issued reports on ENI. UBS Group reissued a buy rating and issued a $124.00 price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research note on Thursday, April 25th. Sanford C. Bernstein set a €19.00 ($22.09) price objective on ENI and gave the stock a buy rating in a research note on Monday, March 18th. HSBC reissued a buy rating and issued a $58.50 price objective on shares of Total in a research note on Thursday, May 23rd. Deutsche Bank increased their price objective on Texas Instruments from $100.00 to $110.00 and gave the stock a hold rating in a research note on Wednesday, April 24th. Finally, Berenberg Bank reissued a buy rating and issued a GBX 110 ($1.44) price objective on shares of Eco Atlantic Oil & Gas in a research note on Monday, March 18th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the stock. ENI presently has an average rating of Buy and an average price target of €17.96 ($20.89).

Shares of ENI stock opened at €14.83 ($17.24) on Tuesday. The business has a 50-day simple moving average of €14.22. The stock has a market cap of $53.89 billion and a P/E ratio of 12.50. The company has a debt-to-equity ratio of 59.89, a quick ratio of 1.09 and a current ratio of 1.31. ENI has a 1 year low of €13.42 ($15.61) and a 1 year high of €16.70 ($19.42).

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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Analyst Recommendations for ENI (ETR:ENI)

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