HSBC Reiterates “€19.50” Price Target for ENI (ENI)

HSBC set a €19.50 ($22.67) price target on ENI (ETR:ENI) in a research report released on Wednesday, October 17th. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also commented on the company. Morgan Stanley set a €17.50 ($20.35) price target on ENI and gave the stock a sell rating in a research note on Thursday, August 2nd. Citigroup set a €19.00 ($22.09) price target on ENI and gave the stock a buy rating in a research note on Thursday, August 16th. Barclays set a €19.00 ($22.09) price target on ENI and gave the stock a sell rating in a research note on Tuesday, September 11th. Kepler Capital Markets set a €18.50 ($21.51) price objective on ENI and gave the stock a buy rating in a research report on Friday, July 27th. Finally, Credit Suisse Group set a €20.20 ($23.49) price objective on ENI and gave the stock a buy rating in a research report on Friday, July 27th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company. ENI currently has an average rating of Buy and an average target price of €18.69 ($21.74).

ENI traded down €0.09 ($0.10) during trading on Wednesday, reaching €15.46 ($17.97). The company’s stock had a trading volume of 1,202 shares, compared to its average volume of 27,056. ENI has a 52-week low of €12.94 ($15.05) and a 52-week high of €15.44 ($17.95).

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 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.

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Analyst Recommendations for ENI (ETR:ENI)

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