ENI (ETR:ENI – Get Rating) has been given a €20.00 ($21.51) price target by research analysts at JPMorgan Chase & Co. in a note issued to investors on Monday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target indicates a potential upside of 51.17% from the stock’s current price.
A number of other research analysts also recently issued reports on the company. UBS Group set a €17.00 ($18.28) price objective on ENI in a research note on Friday, April 29th. Royal Bank of Canada set a €14.50 ($15.59) price target on ENI in a research note on Wednesday, June 8th. Morgan Stanley set a €15.40 ($16.56) price target on ENI in a research note on Wednesday, May 11th. The Goldman Sachs Group set a €19.00 ($20.43) price target on ENI in a research note on Monday, May 9th. Finally, Jefferies Financial Group set a €17.00 ($18.28) price target on ENI in a research note on Thursday, May 26th.
Shares of ETR:ENI traded down €0.73 ($0.78) during midday trading on Monday, reaching €13.23 ($14.23). The company’s stock had a trading volume of 119,156 shares, compared to its average volume of 27,056. The firm has a market capitalization of $46.83 billion and a price-to-earnings ratio of 5.61. The company has a debt-to-equity ratio of 74.32, a quick ratio of 0.74 and a current ratio of 1.23. The firm has a 50 day moving average price of €13.76 and a two-hundred day moving average price of €13.24. ENI has a fifty-two week low of €9.38 ($10.09) and a fifty-two week high of €14.80 ($15.92).
ENI Company Profile (Get Rating)
Eni S.p.A. engages in the exploration, development, and production of crude oil and natural gas. It operates through Exploration & Production; Global Gas & LNG Portfolio; Refining & Marketing and Chemicals; Plenitude and Power; and Corporate and Other activities segments. The Exploration & Production segment is involved in the research, development, and production of oil, condensates and natural gas; and forestry conservation and CO2 capture and storage projects.
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Source: defenseworld.net