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Shares of Eni SpA (NYSE:E) have earned a consensus rating of “Hold” from the fourteen ratings firms that are presently covering the stock, AnalystRatingsNetwork reports. Five investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $41.92.

Eni SpA (NYSE:E) traded down 0.71% on Tuesday, hitting $51.88. 24,747 shares of the company’s stock traded hands. Eni SpA has a 52-week low of $39.65 and a 52-week high of $52.72. The stock’s 50-day moving average is $51.37 and its 200-day moving average is $48.65. The company has a market cap of $93.888 billion and a P/E ratio of 14.20. Eni SpA also saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 1,425,580 shares, an increase of 62.2% from the April 30th total of 878,676 shares. Based on an average daily volume of 190,964 shares, the days-to-cover ratio is currently 7.5 days. Currently, 0.0% of the shares of the stock are sold short.

Eni SpA (NYSE:E) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.90 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.92 by $0.02.

E has been the subject of a number of recent research reports. Analysts at Jefferies Group initiated coverage on shares of Eni SpA in a research note on Thursday, May 29th. They set an “underperform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Eni SpA in a research note on Thursday, April 10th. They now have a $53.00 price target on the stock. Finally, analysts at BNP Paribas upgraded shares of Eni SpA from a “neutral” rating to an “outperform” rating in a research note on Thursday, April 10th.

Eni SpA is an Italy-based multinational oil and gas company. It operates through seven segments. The Refining & Marketing segment focuses on refining and marketing of petroleum products.

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