ENI (ETR:ENI) Given a €17.50 Price Target at HSBC

HSBC set a €17.50 ($20.35) price target on ENI (ETR:ENI) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also commented on the stock. UBS Group reaffirmed a buy rating and set a $124.00 target price on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Thursday, April 25th. Goldman Sachs Group set a €149.00 ($173.26) target price on shares of Airbus and gave the company a buy rating in a report on Tuesday, July 9th. Berenberg Bank reaffirmed a buy rating and set a GBX 110 ($1.44) target price on shares of Eco Atlantic Oil & Gas in a report on Monday, March 18th. Sanford C. Bernstein set a €19.00 ($22.09) target price on shares of ENI and gave the company a buy rating in a report on Monday, March 18th. Finally, Royal Bank of Canada set a €18.50 ($21.51) target price on shares of ENI and gave the company a neutral rating in a report on Tuesday, April 23rd. Two analysts have rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company. The stock has an average rating of Buy and a consensus target price of €17.96 ($20.89).

ENI stock opened at €14.83 ($17.24) on Wednesday. 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 52 week low of €13.42 ($15.61) and a 52 week high of €16.70 ($19.42). The firm’s fifty day simple moving average is €14.22. The company has a market cap of $53.89 billion and a price-to-earnings ratio of 12.50.

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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