Berenberg Bank Analysts Give ENI (ETR:ENI) a €18.00 Price Target

Berenberg Bank set a €18.00 ($20.93) price target on ENI (ETR:ENI) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

ENI has been the subject of several other reports. HSBC set a €17.50 ($20.35) target price on shares of ENI and gave the company a buy rating in a research report on Wednesday, July 10th. Goldman Sachs Group set a €20.00 ($23.26) target price on shares of ENI and gave the company a buy rating in a research report on Friday, July 26th. Royal Bank of Canada set a €17.00 ($19.77) target price on shares of ENI and gave the company a neutral rating in a research report on Monday. UBS Group set a €17.50 ($20.35) target price on shares of ENI and gave the company a buy rating in a research report on Friday, July 26th. Finally, Deutsche Bank set a €17.00 ($19.77) target price on shares of ENI and gave the company a neutral rating in a research report on Wednesday, April 24th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of €17.61 ($20.48).

Shares of ETR ENI opened at €13.80 ($16.05) on Monday. The firm’s 50 day simple moving average is €14.42. The company has a debt-to-equity ratio of 60.82, a current ratio of 1.30 and a quick ratio of 1.05. The company has a market capitalization of $51.19 billion and a price-to-earnings ratio of 14.44. ENI has a 12-month low of €13.42 ($15.61) and a 12-month high of €16.70 ($19.42).

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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